122 Eastview StHudsonNC28638
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 Hudson at 122 Eastview St, Hudson, NC, 28638 priced at $272,000 pairs $1,880/mo rent with $223/mo cash flow after a $1,331/mo payment. Total monthly income equals $1,880/mo, and annual cash flow comes to $2,671/yr on $90,168 invested. Return on cash invested is 22.87% in year one, and rental yield stands at 8.29% on a $272,000 basis. Equity gained on principal adds $1,755/yr, and 5% annual appreciation accumulates to $75,149 by year five. Five-year ROI measures 118.61% and total cumulative return in cash reaches $106,949. For financing, Ziffy Mortgage’s DSCR program evaluates $1,880/mo property income against a $1,331/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28638, Hudson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,477 (100%) |
| Owner Occupied HU | 3,555 (64.9%) |
| Renter Occupied HU | 1,565 (28.6%) |
| Vacant Housing Units | 357 ( 6.5%) |
| Median Home Value | $221,870 |
| Average Home Value | $251,869 |
Housing Distribution
Address Breakdown
Residential
5,166
Single Family
5,086
Multi-Family
80
Businesses
362
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Listed by: Gina Jenkins • Realty Executives of Hickory
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4283320