1188 Tobacco Branch RdAlmondNC28702
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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 Almond at 1188 Tobacco Branch Rd, Almond, NC, 28702 earns from $3,167/mo rent with a $4,743/mo payment. Total monthly income totals $3,167/mo. ROI tracks 9.75% on current figures, and rental yield reads 3.92% at a $969,000 purchase. Equity gained on principal adds $6,253/yr, and 5% annual appreciation supports $267,717 over five years. Five-year ROI reaches 48.22% and total cumulative return in cash sums $153,723. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,167/mo property income instead of your personal income.
Single Family
Built in 2007
1.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28702, Almond, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 159 (36.9%) |
| Renter Occupied HU | 39 ( 9.0%) |
| Vacant Housing Units | 233 (54.1%) |
| Median Home Value | $261,364 |
| Average Home Value | $306,368 |
Housing Distribution
Address Breakdown
Residential
236
Single Family
236
Multi-Family
0
Businesses
19
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Listed by: Christina Lohmann • Keller Williams - Great Smokies
Mls Name: Mountain Lakes BOR
Mls ID: #153555