124 Old Sawmill RoadToddNC28684
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 Todd at 124 Old Sawmill Road, Todd, NC, 28684 offers $2,400/mo rent that, after a $1,659/mo payment, leaves $334/mo cash flow. Total monthly income is $2,400/mo, and annual cash flow is $4,010/yr on $112,379 cash. Return on cash invested measures 23.48% in year one, and rental yield stands at 8.5% at a $339,000 entry. Equity gained on principal adds $2,188/yr while 5% annual appreciation compounds into $93,659 by year five. Five-year ROI records 121.88% and total cumulative return in cash reaches $136,972. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $1,659/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28684, Todd, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,571 (100%) |
| Owner Occupied HU | 701 (44.6%) |
| Renter Occupied HU | 138 ( 8.8%) |
| Vacant Housing Units | 732 (46.6%) |
| Median Home Value | $346,382 |
| Average Home Value | $436,238 |
Housing Distribution
Address Breakdown
Residential
1,026
Single Family
1,026
Multi-Family
0
Businesses
27
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Listed by: Susan Ayers • Clickit Realty
Mls Name: High Country AOR
Mls ID: #256908