1336 Mount Carmel RdMargarettsvlNC27853
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 Margarettsvl at 1336 Mount Carmel Rd, Margarettsvl, NC, 27853 priced at $525,000 pairs $4,322/mo rent with $1,122/mo cash flow after a $2,570/mo payment. Total monthly income equals $4,322/mo, and annual cash flow comes to $13,464/yr on $172,725 invested. Return on cash invested is 27.86% in year one, and rental yield stands at 9.88% on a $525,000 basis. Equity gained on principal adds $3,388/yr, and 5% annual appreciation accumulates to $145,048 by year five. Five-year ROI measures 145.29% and total cumulative return in cash reaches $250,953. For financing, Ziffy Mortgage’s DSCR program evaluates $4,322/mo property income against a $2,570/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27853, Margarettsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 217 (100%) |
| Owner Occupied HU | 144 (66.4%) |
| Renter Occupied HU | 38 (17.5%) |
| Vacant Housing Units | 35 (16.1%) |
| Median Home Value | $126,042 |
| Average Home Value | $212,083 |
Housing Distribution
Address Breakdown
Residential
231
Single Family
231
Multi-Family
0
Businesses
6
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Nearby investment properties with comparable prices
Listed by: Michelle Garriss • Wilkie Real Estate
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139388
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.