1415 McDuffie RoadBiscoeNC27209
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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 Biscoe at 1415 McDuffie Road, Biscoe, NC, 27209 priced at $799,999 converts $2,678/mo rent into after a $3,916/mo obligation. Total monthly income equals $2,678/mo. Return on cash invested prints 10.04% in year one, and rental yield reads 4.02% against a $799,999 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $221,025 by year five. Five-year ROI reaches 49.75% and total cumulative return in cash sums $130,939. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,678/mo property income covering a $3,916/mo payment, not borrower’s personal income.
Single Family
Built in 2021
21.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27209, Biscoe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,668 (100%) |
| Owner Occupied HU | 1,017 (61.0%) |
| Renter Occupied HU | 452 (27.1%) |
| Vacant Housing Units | 199 (11.9%) |
| Median Home Value | $197,629 |
| Average Home Value | $235,659 |
Housing Distribution
Address Breakdown
Residential
1,203
Single Family
1,156
Multi-Family
47
Businesses
188
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Listed by: Miller Lawter Group • Living on The Bliss Realty
Mls Name: Hive MLS
Mls ID: #100531714