105 3rd Ave NWHildebranNC28637
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
Rental property for sale in Hildebran at 105 3rd Ave NW, Hildebran, NC, 28637 generates $1,962/mo in rent and, after a $1,493/mo payment, leaves $103/mo in cash flow. Total monthly income is $1,962/mo, and annual cash flow is $1,236/yr on $101,108 invested. Return on cash invested sits at 21.13% in year one, and rental yield is 7.72% on a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 109.26% and total cumulative return in cash sums $110,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,962/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28637, Hildebran, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 700 (100%) |
| Owner Occupied HU | 458 (65.4%) |
| Renter Occupied HU | 180 (25.7%) |
| Vacant Housing Units | 62 ( 8.9%) |
| Median Home Value | $230,723 |
| Average Home Value | $222,680 |
Housing Distribution
Address Breakdown
Residential
633
Single Family
633
Multi-Family
0
Businesses
181
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Doaa El Gamel • Mooresville Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327231