116 Mistletoe LnShilohNC27974
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 Shiloh at 116 Mistletoe Ln, Shiloh, NC, 27974 generates $1,498/mo in rent and, after a $954/mo payment, leaves $310/mo in cash flow. Total monthly income is $1,498/mo, and annual cash flow is $3,720/yr on $64,643 invested. Return on cash invested sits at 25.66% in year one, and rental yield is 9.22% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 133.56% and total cumulative return in cash sums $86,338. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,498/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27974, Shiloh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 697 (100%) |
| Owner Occupied HU | 543 (77.9%) |
| Renter Occupied HU | 118 (16.9%) |
| Vacant Housing Units | 36 ( 5.2%) |
| Median Home Value | $310,263 |
| Average Home Value | $313,076 |
Housing Distribution
Address Breakdown
Residential
508
Single Family
508
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Calderon • BHHS RW Towne Realty
Mls Name: REIN Inc.
Mls ID: #10596753