1030 Carico LnTobaccovilleNC27050
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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 Tobaccoville at 1030 Carico Ln, Tobaccoville, NC, 27050 offers a 7.26% rental yield on a $450,000 purchase with $2,724/mo rent. 76% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 101.88% and total cumulative return in cash at $151,986. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,724/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
3.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27050, Tobaccoville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,782 (100%) |
| Owner Occupied HU | 1,431 (80.3%) |
| Renter Occupied HU | 249 (14.0%) |
| Vacant Housing Units | 102 ( 5.7%) |
| Median Home Value | $294,939 |
| Average Home Value | $333,001 |
Housing Distribution
Address Breakdown
Residential
1,679
Single Family
1,679
Multi-Family
0
Businesses
65
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Listed by: Shaunna Overman • Howard Hanna Allen Tate Oak Ridge Commons
Mls Name: Triad MLS
Mls ID: #1203096