118 Ashworth Dr. Lot 52- Curtis CTabor CityNC28463
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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 Tabor City at 118 Ashworth Dr. Lot 52- Curtis C, Tabor City, NC, 28463 uses $72,429 cash to close to unlock $2,290/yr annual cash flow and $191/mo monthly cash flow. Total monthly income runs $1,522/mo, and a $1,069/mo payment keeps the spread at $191/mo. Purchase price stands at $218,490, and rental yield measures 8.36% with $1,522/mo rent. Return on cash invested shows 23.07% in year one, and 5% annual appreciation builds toward $60,365 over five years. Five-year ROI reaches 119.66% and total cumulative return in cash records $86,669. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,522/mo property income covering a $1,069/mo payment rather than investor’s personal income.
Single Family
Built in 2026
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28463, Tabor City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,349 (100%) |
| Owner Occupied HU | 2,022 (60.4%) |
| Renter Occupied HU | 967 (28.9%) |
| Vacant Housing Units | 360 (10.7%) |
| Median Home Value | $190,774 |
| Average Home Value | $197,950 |
Housing Distribution
Address Breakdown
Residential
3,443
Single Family
3,225
Multi-Family
218
Businesses
268
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Listed by: Renee Brown • DR Horton
Mls Name: CCAR
Mls ID: #2601027