115 Hollywood Trl #A79Mount GileadNC27306
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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 Mount Gilead at 115 Hollywood Trl #A79, Mount Gilead, NC, 27306 uses $42,764 cash to close to unlock $1,370/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $900/mo, and a $631/mo payment keeps the spread at $114/mo. Purchase price stands at $129,000, and rental yield measures 8.37% with $900/mo rent. Return on cash invested shows 23.11% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 119.99% and total cumulative return in cash records $51,313. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $900/mo property income covering a $631/mo payment rather than investor’s personal income.
Manufactured
Built in 1987
0.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27306, Mount Gilead, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,183 (100%) |
| Owner Occupied HU | 1,860 (44.5%) |
| Renter Occupied HU | 532 (12.7%) |
| Vacant Housing Units | 1,791 (42.8%) |
| Median Home Value | $218,675 |
| Average Home Value | $354,570 |
Housing Distribution
Address Breakdown
Residential
2,837
Single Family
2,837
Multi-Family
0
Businesses
143
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Listed by: Kathy Austin • Twin Harbor Happy Place
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4298548