1377 Nance RdPeachlandNC28133
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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
Rental property for sale in Peachland at 1377 Nance Rd, Peachland, NC, 28133 generates $1,705/mo in rent and, after a $930/mo payment, leaves $547/mo in cash flow. Total monthly income is $1,705/mo, and annual cash flow is $6,564/yr on $62,985 invested. Return on cash invested sits at 30.33% in year one, and rental yield is 10.77% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 158.59% and total cumulative return in cash sums $99,888. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,705/mo property income rather than buyer’s personal income.
Manufactured
Built in 2005
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28133, Peachland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,174 (100%) |
| Owner Occupied HU | 820 (69.8%) |
| Renter Occupied HU | 195 (16.6%) |
| Vacant Housing Units | 159 (13.5%) |
| Median Home Value | $251,905 |
| Average Home Value | $279,549 |
Housing Distribution
Address Breakdown
Residential
1,058
Single Family
1,058
Multi-Family
0
Businesses
45
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Listed by: William Richardson • ERA Live Moore
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4342298