132 Armstrong RoadWhitakersNC27891
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 132 Armstrong Road, Whitakers, NC, 27891 in Whitakers hard to pass up. The 13.64% gross yield on a $119,900 purchase results in $1,363/mo in rent and $632/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.53). Annual cash flow of $7,590, five-year appreciation of $33,126, and $1,104/yr in equity build-up combine for a projected total cumulative return of $86,160.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.6% | 6.2% |
| Monthly Cash Flow | $632 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,363 |
| Total Monthly Debt Service | $683 |
| DSCR Ratio | 2.00x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1995
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27891, Whitakers, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,339 (100%) |
| Owner Occupied HU | 1,495 (63.9%) |
| Renter Occupied HU | 495 (21.2%) |
| Vacant Housing Units | 349 (14.9%) |
| Median Home Value | $144,864 |
| Average Home Value | $179,719 |
Housing Distribution
Address Breakdown
Residential
1,800
Single Family
1,800
Multi-Family
0
Businesses
68
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
Manufactured
Built in 1995
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27891, Whitakers, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,339 (100%) |
| Owner Occupied HU | 1,495 (63.9%) |
| Renter Occupied HU | 495 (21.2%) |
| Vacant Housing Units | 349 (14.9%) |
| Median Home Value | $144,864 |
| Average Home Value | $179,719 |
Housing Distribution
Address Breakdown
Residential
1,800
Single Family
1,800
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices