15 Tika DrWhittierNC28789
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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
Total monthly income runs $1,958/mo, and a $2,080/mo payment. Purchase price stands at $425,000, and rental yield measures 5.53% with $1,958/mo rent. Return on cash invested shows 14.53% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 73.84% and total cumulative return in cash records $104,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,958/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Multi Family
Built in 1989
3.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28789, Whittier, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,801 (100%) |
| Owner Occupied HU | 1,973 (51.9%) |
| Renter Occupied HU | 663 (17.4%) |
| Vacant Housing Units | 1,165 (30.6%) |
| Median Home Value | $279,014 |
| Average Home Value | $359,721 |
Housing Distribution
Address Breakdown
Residential
2,496
Single Family
2,496
Multi-Family
0
Businesses
133
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Listed by: Ida Amelia Lespier • Re/Max Results - Mountain Dream Team
Mls Name: Carolina Smokies MLS
Mls ID: #26031263
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.