1160 Buchanan RdMansonNC27553
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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 Manson at 1160 Buchanan Rd, Manson, NC, 27553 generates $1,343/mo in rent, after a $1,174/mo payment. Total monthly income is $1,343/mo. Return on cash invested sits at 18.12% in year one, and rental yield is 6.72% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 93.15% and total cumulative return in cash sums $74,083. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,343/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27553, Manson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,033 (100%) |
| Owner Occupied HU | 568 (55.0%) |
| Renter Occupied HU | 192 (18.6%) |
| Vacant Housing Units | 273 (26.4%) |
| Median Home Value | $256,557 |
| Average Home Value | $305,273 |
Housing Distribution
Address Breakdown
Residential
963
Single Family
963
Multi-Family
0
Businesses
35
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Listed by: Sherenia Branche • Branche & Associates LLC
Mls Name: Doorify MLS
Mls ID: #10113801