1110 Cardinal RdMurphyNC28906
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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 Murphy at 1110 Cardinal Rd, Murphy, NC, 28906 earns from $2,041/mo rent with a $1,674/mo payment. Total monthly income totals $2,041/mo. ROI tracks 19.45% on current figures, and rental yield reads 7.16% at a $342,000 purchase. Equity gained on principal adds $2,207/yr, and 5% annual appreciation supports $94,488 over five years. Five-year ROI reaches 100.26% and total cumulative return in cash sums $113,662. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,041/mo property income instead of your personal income.
Single Family
Built in 2003
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28906, Murphy, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,243 (100%) |
| Owner Occupied HU | 8,280 (58.1%) |
| Renter Occupied HU | 1,714 (12.0%) |
| Vacant Housing Units | 4,249 (29.8%) |
| Median Home Value | $281,405 |
| Average Home Value | $314,832 |
Housing Distribution
Address Breakdown
Residential
11,666
Single Family
11,662
Multi-Family
4
Businesses
963
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Listed by: Steven Moutrey • EXIT Realty Mtn View Prop.
Mls Name: Mountain Lakes BOR
Mls Provider:
Mls ID: #152792
Disclaimer: Copyright Mountain Lakes Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.