1443 Mammoth RdHickoryNC28602
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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 Hickory at 1443 Mammoth Rd, Hickory, NC, 28602 generates $3,114/mo in rent and, after a $1,736/mo payment, leaves $952/mo in cash flow. Total monthly income is $3,114/mo, and annual cash flow is $11,430/yr on $117,555 invested. Return on cash invested sits at 29.63% in year one, and rental yield is 10.54% on a $354,615 entry. Equity gained on principal adds $2,288/yr, while 5% annual appreciation builds toward $97,974 over five years. Five-year ROI reaches 154.87% and total cumulative return in cash sums $182,063. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,114/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28602, Hickory, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,156 (100%) |
| Owner Occupied HU | 8,012 (60.9%) |
| Renter Occupied HU | 3,979 (30.2%) |
| Vacant Housing Units | 1,165 ( 8.9%) |
| Median Home Value | $226,054 |
| Average Home Value | $256,746 |
Housing Distribution
Address Breakdown
Residential
12,634
Single Family
11,779
Multi-Family
855
Businesses
1,733
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Listed by: Theresa, Tricia & Lyndsay- Online Concierge Team • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A