116 Barco Rd #3BarcoNC27917
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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 Barco at 116 Barco Rd #3, Barco, NC, 27917 offers a 0% rental yield on a $309,000 purchase with $0/mo rent. 15% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27917, Barco, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 396 (100%) |
| Owner Occupied HU | 224 (56.6%) |
| Renter Occupied HU | 120 (30.3%) |
| Vacant Housing Units | 52 (13.1%) |
| Median Home Value | $335,345 |
| Average Home Value | $325,045 |
Housing Distribution
Address Breakdown
Residential
257
Single Family
257
Multi-Family
0
Businesses
45
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Listed by: Briann A Mehfoud • Twiddy and Co. - Duck
Mls Name: OBAR
Mls ID: #131196