1056 State Highway 903LittletonNC27850
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 1056 State Highway 903, Littleton, NC, 27850 in Littleton: $1,326/mo in rent, $290/mo in net income, 9.36% gross yield, 1.74 DSCR, all at $170,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $46,968 in appreciation and $1,566/yr in principal paydown projects total cumulative return of $83,064.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $290 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,326 |
| Total Monthly Debt Service | $968 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1961
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27850, Littleton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 2,639 (47.0%) |
| Renter Occupied HU | 635 (11.3%) |
| Vacant Housing Units | 2,337 (41.7%) |
| Median Home Value | $297,533 |
| Average Home Value | $376,077 |
Housing Distribution
Address Breakdown
Residential
4,102
Single Family
4,102
Multi-Family
0
Businesses
231
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
Single Family
Built in 1961
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27850, Littleton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 2,639 (47.0%) |
| Renter Occupied HU | 635 (11.3%) |
| Vacant Housing Units | 2,337 (41.7%) |
| Median Home Value | $297,533 |
| Average Home Value | $376,077 |
Housing Distribution
Address Breakdown
Residential
4,102
Single Family
4,102
Multi-Family
0
Businesses
231
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kia Settles • eXp Realty, LLC-(C)
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139181
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.