1468 Mount Olivet RdZirconiaNC28790
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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 Zirconia at 1468 Mount Olivet Rd, Zirconia, NC, 28790 generates $4,144/mo in rent, after a $5,213/mo payment. Total monthly income is $4,144/mo. Return on cash invested sits at 12.21% in year one, and rental yield is 4.67% on a $1,065,000 entry. Equity gained on principal adds $6,872/yr, while 5% annual appreciation builds toward $294,240 over five years. Five-year ROI reaches 61.31% and total cumulative return in cash sums $211,571. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,144/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
10.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28790, Zirconia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,731 (100%) |
| Owner Occupied HU | 1,158 (66.9%) |
| Renter Occupied HU | 205 (11.8%) |
| Vacant Housing Units | 368 (21.3%) |
| Median Home Value | $523,188 |
| Average Home Value | $722,878 |
Housing Distribution
Address Breakdown
Residential
1,379
Single Family
1,379
Multi-Family
0
Businesses
52
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Listed by: Matthew Mubarak • EXP Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4326096