118 Algonquin TrailShawboroNC27973
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 Shawboro at 118 Algonquin Trail, Shawboro, NC, 27973 priced at $503,725 converts $3,425/mo rent into $333/mo cash flow after a $2,465/mo obligation. Total monthly income equals $3,425/mo, and annual cash flow totals $3,990/yr on $165,726 invested. Return on cash invested prints 22.47% in year one, and rental yield reads 8.16% against a $503,725 entry. Equity gained on principal adds $3,250/yr, while 5% annual appreciation compiles into $139,170 by year five. Five-year ROI reaches 116.47% and total cumulative return in cash sums $193,021. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,425/mo property income covering a $2,465/mo payment, not borrower’s personal income.
Single Family
Built in 2015
0.77 Acres lot
$N/A/sqft
$23 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27973, Shawboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 846 (100%) |
| Owner Occupied HU | 657 (77.7%) |
| Renter Occupied HU | 136 (16.1%) |
| Vacant Housing Units | 53 ( 6.3%) |
| Median Home Value | $330,687 |
| Average Home Value | $327,549 |
Housing Distribution
Address Breakdown
Residential
694
Single Family
694
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A