151 N Macon DrLittletonNC27850
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Littleton at 151 N Macon Dr, Littleton, NC, 27850 priced at $399,900 converts $3,272/mo rent into $835/mo cash flow after a $1,957/mo obligation. Total monthly income equals $3,272/mo, and annual cash flow totals $10,021/yr on $132,567 invested. Return on cash invested prints 27.47% in year one, and rental yield reads 9.82% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 143.29% and total cumulative return in cash sums $189,956. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,272/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 2021
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27850, Littleton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 2,639 (47.0%) |
| Renter Occupied HU | 635 (11.3%) |
| Vacant Housing Units | 2,337 (41.7%) |
| Median Home Value | $297,533 |
| Average Home Value | $376,077 |
Housing Distribution
Address Breakdown
Residential
4,102
Single Family
4,102
Multi-Family
0
Businesses
231
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Listed by: Stephanie Gainey • The Pointe Realty Group (Littleton)
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139641