1020 Broad Rock RdSnow CampNC27349
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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
Investment property for sale in Snow Camp at 1020 Broad Rock Rd, Snow Camp, NC, 27349 offers a 8.18% rental yield on a $290,000 purchase with $1,976/mo rent. Total monthly income registers $1,976/mo, and a $1,419/mo payment leaves $209/mo available for distribution. Annual cash flow reaches $2,508/yr on $96,135 to close, and return on cash invested stands at 22.52% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 116.7% and total cumulative return in cash at $112,192. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,976/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
3.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27349, Snow Camp, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,021 (100%) |
| Owner Occupied HU | 2,366 (78.3%) |
| Renter Occupied HU | 375 (12.4%) |
| Vacant Housing Units | 280 ( 9.3%) |
| Median Home Value | $301,613 |
| Average Home Value | $338,690 |
Housing Distribution
Address Breakdown
Residential
2,723
Single Family
2,717
Multi-Family
6
Businesses
72
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Listed by: Rachel Zamorski • Keller Williams Central
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10117440
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.