1011 Stuart DrWadesboroNC28170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Wadesboro at 1011 Stuart Dr, Wadesboro, NC, 28170 uses $77,903 cash to close to unlock $2,508/yr annual cash flow and $209/mo monthly cash flow. Total monthly income runs $1,641/mo, and a $1,150/mo payment keeps the spread at $209/mo. Purchase price stands at $235,000, and rental yield measures 8.38% with $1,641/mo rent. Return on cash invested shows 23.13% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 119.96% and total cumulative return in cash records $93,448. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,641/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28170, Wadesboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,014 (100%) |
| Owner Occupied HU | 2,799 (55.8%) |
| Renter Occupied HU | 1,545 (30.8%) |
| Vacant Housing Units | 670 (13.4%) |
| Median Home Value | $115,666 |
| Average Home Value | $156,860 |
Housing Distribution
Address Breakdown
Residential
4,543
Single Family
4,518
Multi-Family
25
Businesses
559
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marty Thompson • EXP Realty LLC
Mls Name: Doorify MLS
Mls ID: #10123287