1520 Bob Branch RdAndrewsNC28901
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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 Andrews at 1520 Bob Branch Rd, Andrews, NC, 28901 listed at $649,000 pairs $2,450/mo rent with a $3,177/mo payment. Total monthly income runs $2,450/mo. Return on cash invested measures 11.6% in year one, and rental yield registers 4.53% at a $649,000 basis. Equity gained on principal adds $4,188/yr, and annual property appreciation at 5% supports $179,307 by year five. Five-year ROI tracks 58.13% and total cumulative return in cash totals $124,116. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,450/mo property income relative to a $3,177/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
5.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28901, Andrews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,005 (100%) |
| Owner Occupied HU | 1,686 (56.1%) |
| Renter Occupied HU | 624 (20.8%) |
| Vacant Housing Units | 695 (23.1%) |
| Median Home Value | $232,199 |
| Average Home Value | $249,720 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,785
Multi-Family
13
Businesses
249
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Listed by: Taylor Sargent • Old Town Brokers
Mls Name: Mountain Lakes BOR
Mls ID: #153698