150 Timberlane DrEtowahNC28729
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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 Etowah at 150 Timberlane Dr, Etowah, NC, 28729 listed at $499,500 pairs $3,463/mo rent with a $2,445/mo payment to leave $419/mo cash flow. Total monthly income runs $3,463/mo, and annual cash flow reaches $5,023/yr on $165,584 cash to close. Return on cash invested measures 22.94% in year one, and rental yield registers 8.32% at a $499,500 basis. Equity gained on principal adds $3,223/yr, and annual property appreciation at 5% supports $138,003 by year five. Five-year ROI tracks 118.99% and total cumulative return in cash totals $197,023. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,463/mo property income relative to a $2,445/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28729, Etowah, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,518 (100%) |
| Owner Occupied HU | 1,220 (80.4%) |
| Renter Occupied HU | 158 (10.4%) |
| Vacant Housing Units | 140 ( 9.2%) |
| Median Home Value | $364,130 |
| Average Home Value | $533,121 |
Housing Distribution
Address Breakdown
Residential
1,285
Single Family
1,285
Multi-Family
0
Businesses
147
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Listed by: Ted Sullivan • Walnut Cove Realty/Allen Tate/Beverly-Hanks
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4322622