145 Meadowland CirOttoNC28763
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
Investment property for sale in Otto at 145 Meadowland Cir, Otto, NC, 28763 at $259,000 posts ROI 28.14% with $589/mo cash flow from $2,218/mo rent. Total monthly income equals $2,218/mo, and annual cash flow records $7,070/yr on $85,859 to close. Return on cash invested measures 28.14% and rental yield reads 10.28% at the current $259,000. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 by year five. Five-year ROI prints 147.18% and total cumulative return in cash totals $126,364.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,218/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
2,308 sqft lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28763, Otto, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,861 (100%) |
| Owner Occupied HU | 1,033 (55.5%) |
| Renter Occupied HU | 235 (12.6%) |
| Vacant Housing Units | 593 (31.9%) |
| Median Home Value | $313,722 |
| Average Home Value | $369,727 |
Housing Distribution
Address Breakdown
Residential
1,345
Single Family
1,345
Multi-Family
0
Businesses
73
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Nearby investment properties with comparable prices
Listed by: Patricia Stanberry • Apple Realty, LLC
Mls Name: Carolina Smokies MLS
Mls ID: #26040219
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.