1104 Cross Creek DrNashvilleNC27856
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 Nashville at 1104 Cross Creek Dr, Nashville, NC, 27856 priced at $238,000 converts $1,578/mo rent into $98/mo cash flow after a $1,165/mo obligation. Total monthly income equals $1,578/mo, and annual cash flow totals $1,179/yr on $78,897 invested. Return on cash invested prints 21.4% in year one, and rental yield reads 7.96% against a $238,000 entry. Equity gained on principal adds $1,536/yr, while 5% annual appreciation compiles into $65,755 by year five. Five-year ROI reaches 110.94% and total cumulative return in cash sums $87,526. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,578/mo property income covering a $1,165/mo payment, not borrower’s personal income.
Single Family
Built in 2005
6,098 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27856, Nashville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,695 (100%) |
| Owner Occupied HU | 5,018 (65.2%) |
| Renter Occupied HU | 2,018 (26.2%) |
| Vacant Housing Units | 659 ( 8.6%) |
| Median Home Value | $243,683 |
| Average Home Value | $258,911 |
Housing Distribution
Address Breakdown
Residential
7,389
Single Family
7,317
Multi-Family
72
Businesses
429
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Nearby investment properties with comparable prices
Listed by: Jequoya Gramt Pettaway • ONE OF ONE REALTY LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10094441
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