121 31st Ave NWHickoryNC28601
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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 Hickory at 121 31st Ave NW, Hickory, NC, 28601 earns from $2,342/mo rent with a $1,908/mo payment. Total monthly income totals $2,342/mo. ROI tracks 19.59% on current figures, and rental yield reads 7.21% at a $389,900 purchase. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 over five years. Five-year ROI reaches 101.06% and total cumulative return in cash sums $130,621. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,342/mo property income instead of your personal income.
Single Family
Built in 2025
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28601, Hickory, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,555 (100%) |
| Owner Occupied HU | 15,015 (58.8%) |
| Renter Occupied HU | 8,486 (33.2%) |
| Vacant Housing Units | 2,054 ( 8.0%) |
| Median Home Value | $303,595 |
| Average Home Value | $360,678 |
Housing Distribution
Address Breakdown
Residential
24,340
Single Family
22,229
Multi-Family
2,111
Businesses
1,506
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Listed by: Lucas Vasquez • Weichert, Realtors - Team Metro
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4318526
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-21 04:48:04 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)