1048 Bowers RdPeachlandNC28133
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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 Peachland at 1048 Bowers Rd, Peachland, NC, 28133 uses $87,848 cash to close to unlock $3,756/yr annual cash flow and $313/mo monthly cash flow. Total monthly income runs $1,928/mo, and a $1,297/mo payment keeps the spread at $313/mo. Purchase price stands at $265,000, and rental yield measures 8.73% with $1,928/mo rent. Return on cash invested shows 24.18% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 125.62% and total cumulative return in cash records $110,355. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,928/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28133, Peachland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,174 (100%) |
| Owner Occupied HU | 820 (69.8%) |
| Renter Occupied HU | 195 (16.6%) |
| Vacant Housing Units | 159 (13.5%) |
| Median Home Value | $251,905 |
| Average Home Value | $279,549 |
Housing Distribution
Address Breakdown
Residential
1,058
Single Family
1,058
Multi-Family
0
Businesses
45
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Listed by: Ginger Givens • Southern Elite Realty, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4307168