102 Sandwall Dr.Tabor CityNC28463
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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
Rental property for sale in Tabor City at 102 Sandwall Dr, Tabor City, NC, 28463 generates $1,490/mo in rent and, after a $1,077/mo payment, leaves $149/mo in cash flow. Total monthly income is $1,490/mo, and annual cash flow is $1,788/yr on $72,930 invested. Return on cash invested sits at 22.36% in year one, and rental yield is 8.13% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 115.85% and total cumulative return in cash sums $84,491. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,490/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28463, Tabor City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,349 (100%) |
| Owner Occupied HU | 2,022 (60.4%) |
| Renter Occupied HU | 967 (28.9%) |
| Vacant Housing Units | 360 (10.7%) |
| Median Home Value | $190,774 |
| Average Home Value | $197,950 |
Housing Distribution
Address Breakdown
Residential
3,443
Single Family
3,225
Multi-Family
218
Businesses
268
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Listed by: Jonathan B Butler • INNOVATE Real Estate
Mls Name: CCAR
Mls ID: #2601715