1190 McKeller RdFairmontNC28340
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1190 McKeller Rd, Fairmont, NC, 28340 in Fairmont is priced for appreciation, not yield. Rental yield 5.68%. At $319,000 with a 5.68% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $88,134 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (2.56) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $226,839.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 6.2% |
| Monthly Cash Flow | $(1,056) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,667 |
| Total Monthly Debt Service | $1,899 |
| DSCR Ratio | 1.93x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28340, Fairmont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,073 (100%) |
| Owner Occupied HU | 2,560 (62.9%) |
| Renter Occupied HU | 1,021 (25.1%) |
| Vacant Housing Units | 492 (12.1%) |
| Median Home Value | $97,103 |
| Average Home Value | $146,345 |
Housing Distribution
Address Breakdown
Residential
3,840
Single Family
3,769
Multi-Family
71
Businesses
261
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
Single Family
Built in 2005
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28340, Fairmont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,073 (100%) |
| Owner Occupied HU | 2,560 (62.9%) |
| Renter Occupied HU | 1,021 (25.1%) |
| Vacant Housing Units | 492 (12.1%) |
| Median Home Value | $97,103 |
| Average Home Value | $146,345 |
Housing Distribution
Address Breakdown
Residential
3,840
Single Family
3,769
Multi-Family
71
Businesses
261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JESSICA BRANCH • COLDWELL BANKER PREMIER TEAM REALTY
Mls Name: LPRMLS
Mls Provider:
Mls ID: #746575
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.