1076 Broad Rock RdSnow CampNC27349
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 Snow Camp at 1076 Broad Rock Rd, Snow Camp, NC, 27349 generates $1,987/mo in rent and, after a $1,224/mo payment, leaves $463/mo in cash flow. Total monthly income is $1,987/mo, and annual cash flow is $5,556/yr on $82,875 invested. Return on cash invested sits at 26.61% in year one, and rental yield is 9.54% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 138.67% and total cumulative return in cash sums $114,922. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,987/mo property income rather than buyer’s personal income.
Manufactured
Built in 2003
2.49 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Tanas • Long & Foster Real Estate INC/Cary
Mls Name: Doorify MLS
Mls ID: #10112762