142 Kendall RdWadesboroNC28170
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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 Wadesboro at 142 Kendall Rd, Wadesboro, NC, 28170 offers $2,370/mo rent that, after a $1,224/mo payment, leaves $846/mo cash flow. Total monthly income is $2,370/mo, and annual cash flow is $10,152/yr on $82,875 cash. Return on cash invested measures 32.16% in year one, and rental yield stands at 11.38% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 168.41% and total cumulative return in cash reaches $139,570. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,370/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
9.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28170, Wadesboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,014 (100%) |
| Owner Occupied HU | 2,799 (55.8%) |
| Renter Occupied HU | 1,545 (30.8%) |
| Vacant Housing Units | 670 (13.4%) |
| Median Home Value | $115,666 |
| Average Home Value | $156,860 |
Housing Distribution
Address Breakdown
Residential
4,543
Single Family
4,518
Multi-Family
25
Businesses
559
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Nearby investment properties with comparable prices
Listed by: Marc Baysek • Iron Horse Auction Co, Inc
Mls Name: My State MLS
Mls ID: #11627724