113 Peach StLittletonNC27850
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 Littleton at 113 Peach St, Littleton, NC, 27850 priced at $599,000 converts $1,631/mo rent into after a $2,932/mo obligation. Total monthly income equals $1,631/mo. Return on cash invested prints 7.76% in year one, and rental yield reads 3.27% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 37.56% and total cumulative return in cash sums $74,014. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,631/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Manufactured
Built in 2002
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27850, Littleton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 2,639 (47.0%) |
| Renter Occupied HU | 635 (11.3%) |
| Vacant Housing Units | 2,337 (41.7%) |
| Median Home Value | $297,533 |
| Average Home Value | $376,077 |
Housing Distribution
Address Breakdown
Residential
4,102
Single Family
4,102
Multi-Family
0
Businesses
231
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Hedgepeth, SFR, ABR, CSSS • Lake Gaston Edge Realty
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #136943
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.