111 Sportsman DrMaconNC27551
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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 Macon at 111 Sportsman Dr, Macon, NC, 27551 offers $1,582/mo rent that, after a $1,097/mo payment, leaves $216/mo cash flow. Total monthly income is $1,582/mo, and annual cash flow is $2,592/yr on $74,308 cash. Return on cash invested measures 23.4% in year one, and rental yield stands at 8.47% at a $224,158 entry. Equity gained on principal adds $1,446/yr while 5% annual appreciation compounds into $61,931 by year five. Five-year ROI records 121.48% and total cumulative return in cash reaches $90,273. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,582/mo property income versus a $1,097/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27551, Macon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 903 (48.0%) |
| Renter Occupied HU | 173 ( 9.2%) |
| Vacant Housing Units | 805 (42.8%) |
| Median Home Value | $409,574 |
| Average Home Value | $431,977 |
Housing Distribution
Address Breakdown
Residential
1,306
Single Family
1,306
Multi-Family
0
Businesses
41
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Nearby investment properties with comparable prices
Listed by: Susan Gordon, ABR, GRI • Coldwell Banker Advantage-Littleton
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139669
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.