147 Otter Loop LOT 8BarcoNC27917
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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
Investment property for sale in Barco at 147 Otter Loop LOT 8, Barco, NC, 27917 with 5% annual appreciation on a $457,400 basis while $3,362/mo rent supports operations. Total monthly income totals $3,362/mo and a $2,239/mo payment preserves $574/mo for cash returns. Annual cash flow comes to $6,889/yr on $151,628 deployed, and return on cash invested reaches 24.45% in year one. Equity gained on principal adds $2,952/yr, and five-year appreciation sums $126,371 alongside rental yield of 8.82%. Five-year ROI measures 127.11% and total cumulative return in cash totals $192,733.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,362/mo property income versus a $2,239/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
10.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27917, Barco, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 396 (100%) |
| Owner Occupied HU | 224 (56.6%) |
| Renter Occupied HU | 120 (30.3%) |
| Vacant Housing Units | 52 (13.1%) |
| Median Home Value | $335,345 |
| Average Home Value | $325,045 |
Housing Distribution
Address Breakdown
Residential
257
Single Family
257
Multi-Family
0
Businesses
45
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Listed by: Brook R Sparks • Coldwell Banker Seaside Realty KH
Mls Name: OBAR
Mls Provider:
Mls ID: #127062
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.