110 Fathom Trl #179HMount GileadNC27306
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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 Mount Gilead at 110 Fathom Trl #179H, Mount Gilead, NC, 27306 offers a 11.62% rental yield on a $120,000 purchase with $1,162/mo rent. Total monthly income registers $1,162/mo, and a $587/mo payment leaves $431/mo available for distribution. Annual cash flow reaches $5,172/yr on $39,780 to close, and return on cash invested stands at 32.91% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 172.42% and total cumulative return in cash at $68,587. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,162/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2007
0.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27306, Mount Gilead, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,183 (100%) |
| Owner Occupied HU | 1,860 (44.5%) |
| Renter Occupied HU | 532 (12.7%) |
| Vacant Housing Units | 1,791 (42.8%) |
| Median Home Value | $218,675 |
| Average Home Value | $354,570 |
Housing Distribution
Address Breakdown
Residential
2,837
Single Family
2,837
Multi-Family
0
Businesses
143
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Listed by: Christie Carpenter • Magnolia Dream Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4325722