122 Hill StNorth WilkesboroNC28659
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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 North Wilkesboro at 122 Hill St, North Wilkesboro, NC, 28659 at $100,000 posts ROI 25.85% with $164/mo cash flow from $773/mo rent. Total monthly income equals $773/mo, and annual cash flow records $1,968/yr on $33,150 to close. Return on cash invested measures 25.85% and rental yield reads 9.28% at the current $100,000. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 by year five. Five-year ROI prints 134.53% and total cumulative return in cash totals $44,596.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $773/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28659, North Wilkesboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,512 (100%) |
| Owner Occupied HU | 5,818 (61.2%) |
| Renter Occupied HU | 2,668 (28.0%) |
| Vacant Housing Units | 1,026 (10.8%) |
| Median Home Value | $193,873 |
| Average Home Value | $223,238 |
Housing Distribution
Address Breakdown
Residential
9,033
Single Family
8,804
Multi-Family
229
Businesses
834
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Listed by: Thomas Livingston • Carolina Realty ERA Live Moore
Mls Name: Triad MLS
Mls ID: #1199070