112 Meadowcreek Dr #35HudsonNC28638
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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
Rental property for sale in Hudson at 112 Meadowcreek Dr #35, Hudson, NC, 28638 generates $2,522/mo in rent and, after a $1,752/mo payment, leaves $340/mo in cash flow. Total monthly income is $2,522/mo, and annual cash flow is $4,085/yr on $118,677 invested. Return on cash invested sits at 23.35% in year one, and rental yield is 8.45% on a $358,000 entry. Equity gained on principal adds $2,310/yr, while 5% annual appreciation builds toward $98,909 over five years. Five-year ROI reaches 121.19% and total cumulative return in cash sums $143,826. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,522/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28638, Hudson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,477 (100%) |
| Owner Occupied HU | 3,555 (64.9%) |
| Renter Occupied HU | 1,565 (28.6%) |
| Vacant Housing Units | 357 ( 6.5%) |
| Median Home Value | $221,870 |
| Average Home Value | $251,869 |
Housing Distribution
Address Breakdown
Residential
5,166
Single Family
5,086
Multi-Family
80
Businesses
362
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Listed by: Donna Daughenbaugh Phillips • Mountainside Realty, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4321422