111 Wrights RoadScaly MountainNC28775
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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
Investment property for sale in Scaly Mountain at 111 Wrights Road, Scaly Mountain, NC, 28775 at $250,000 posts ROI 31.38% with $792/mo cash flow from $2,316/mo rent. Total monthly income equals $2,316/mo, and annual cash flow records $9,504/yr on $82,875 to close. Return on cash invested measures 31.38% and rental yield reads 11.12% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 164.21% and total cumulative return in cash totals $136,090.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,316/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28775, Scaly Mountain, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 651 (100%) |
| Owner Occupied HU | 236 (36.3%) |
| Renter Occupied HU | 57 ( 8.8%) |
| Vacant Housing Units | 358 (55.0%) |
| Median Home Value | $415,385 |
| Average Home Value | $461,472 |
Housing Distribution
Address Breakdown
Residential
254
Single Family
254
Multi-Family
0
Businesses
31
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Listed by: Faye Wurm • Berkshire Hathaway HomeServices Meadows Mountain Realty - HF
Mls Name: HCMLS
Mls ID: #1001900