150 Noel RdStonevilleNC27048
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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 Stoneville at 150 Noel Rd, Stoneville, NC, 27048 uses $76,245 cash to close to unlock $888/yr annual cash flow and $74/mo monthly cash flow. Total monthly income runs $1,476/mo, and a $1,126/mo payment keeps the spread at $74/mo. Purchase price stands at $230,000, and rental yield measures 7.7% with $1,476/mo rent. Return on cash invested shows 21.07% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 108.95% and total cumulative return in cash records $83,071. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,476/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27048, Stoneville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,737 (100%) |
| Owner Occupied HU | 2,702 (72.3%) |
| Renter Occupied HU | 629 (16.8%) |
| Vacant Housing Units | 406 (10.9%) |
| Median Home Value | $215,957 |
| Average Home Value | $272,879 |
Housing Distribution
Address Breakdown
Residential
3,443
Single Family
3,419
Multi-Family
24
Businesses
125
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