147 Neill Farm RdTroutmanNC28166
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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 Troutman at 147 Neill Farm Rd, Troutman, NC, 28166 offers $2,486/mo rent that, after a $1,701/mo payment, leaves $368/mo cash flow. Total monthly income is $2,486/mo, and annual cash flow is $4,416/yr on $115,196 cash. Return on cash invested measures 23.74% in year one, and rental yield stands at 8.58% at a $347,500 entry. Equity gained on principal adds $2,242/yr while 5% annual appreciation compounds into $96,008 by year five. Five-year ROI records 123.26% and total cumulative return in cash reaches $141,993. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,486/mo property income versus a $1,701/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28166, Troutman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,433 (100%) |
| Owner Occupied HU | 5,069 (78.8%) |
| Renter Occupied HU | 839 (13.0%) |
| Vacant Housing Units | 525 ( 8.2%) |
| Median Home Value | $391,722 |
| Average Home Value | $457,118 |
Housing Distribution
Address Breakdown
Residential
5,578
Single Family
5,577
Multi-Family
1
Businesses
393
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Listed by: Nancy Braun • Showcase Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4338391