1291 Roanoke Chapel RdLittletonNC27850
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
Investment property for sale in Littleton at 1291 Roanoke Chapel Rd, Littleton, NC, 27850 uses $91,163 cash to close to unlock $5,748/yr annual cash flow and $479/mo monthly cash flow. Total monthly income runs $2,155/mo, and a $1,346/mo payment keeps the spread at $479/mo. Purchase price stands at $275,000, and rental yield measures 9.4% with $2,155/mo rent. Return on cash invested shows 26.21% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 136.5% and total cumulative return in cash records $124,439. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,155/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27850, Littleton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 2,639 (47.0%) |
| Renter Occupied HU | 635 (11.3%) |
| Vacant Housing Units | 2,337 (41.7%) |
| Median Home Value | $297,533 |
| Average Home Value | $376,077 |
Housing Distribution
Address Breakdown
Residential
4,102
Single Family
4,102
Multi-Family
0
Businesses
231
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Listed by: Jodi Ray • Ray Realty Services, LLC
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #136768
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.