112 Abernathy RdStanleyNC28164
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 Stanley at 112 Abernathy Rd, Stanley, NC, 28164 priced at $220,000 pairs $1,492/mo rent with $151/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,492/mo, and annual cash flow comes to $1,812/yr on $72,930 invested. Return on cash invested is 22.39% in year one, and rental yield stands at 8.14% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 116.02% and total cumulative return in cash reaches $84,611. For financing, Ziffy Mortgage’s DSCR program evaluates $1,492/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2005
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28164, Stanley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,790 (100%) |
| Owner Occupied HU | 5,220 (76.9%) |
| Renter Occupied HU | 1,257 (18.5%) |
| Vacant Housing Units | 313 ( 4.6%) |
| Median Home Value | $351,924 |
| Average Home Value | $372,055 |
Housing Distribution
Address Breakdown
Residential
6,306
Single Family
6,272
Multi-Family
34
Businesses
340
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Listed by: Nick Huscroft • Chosen Realty of NC LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4326849