117 Hill StMurphyNC28906
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
Investment property for sale in Murphy at 117 Hill St, Murphy, NC, 28906 at $229,000 posts ROI 20.01% with $6/mo cash flow from $1,402/mo rent. Total monthly income equals $1,402/mo, and annual cash flow records $74/yr on $75,914 to close. Return on cash invested measures 20.01% and rental yield reads 7.35% at the current $229,000. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 by year five. Five-year ROI prints 103.29% and total cumulative return in cash totals $78,413.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,402/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28906, Murphy, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,243 (100%) |
| Owner Occupied HU | 8,280 (58.1%) |
| Renter Occupied HU | 1,714 (12.0%) |
| Vacant Housing Units | 4,249 (29.8%) |
| Median Home Value | $281,405 |
| Average Home Value | $314,832 |
Housing Distribution
Address Breakdown
Residential
11,666
Single Family
11,662
Multi-Family
4
Businesses
963
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Nearby investment properties with comparable prices
Listed by: Howard & Mayfield Group • ReMax Town & Country - Blairsville
Mls Name: Mountain Lakes BOR
Mls Provider:
Mls ID: #153433
Disclaimer: Copyright Mountain Lakes Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.