1522 Parson Grove Church RdWadesboroNC28170
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
Investment property for sale in Wadesboro at 1522 Parson Grove Church Rd, Wadesboro, NC, 28170 earns $118/mo cash flow from $1,337/mo rent with a $979/mo payment. Total monthly income totals $1,337/mo, and annual cash flow totals $1,416/yr on $66,300 capital. ROI tracks 22.04% on current figures, and rental yield reads 8.02% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 114.15% and total cumulative return in cash sums $75,680. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,337/mo property income instead of your personal income.
Single Family
Built in 1976
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28170, Wadesboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,014 (100%) |
| Owner Occupied HU | 2,799 (55.8%) |
| Renter Occupied HU | 1,545 (30.8%) |
| Vacant Housing Units | 670 (13.4%) |
| Median Home Value | $115,666 |
| Average Home Value | $156,860 |
Housing Distribution
Address Breakdown
Residential
4,543
Single Family
4,518
Multi-Family
25
Businesses
559
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Omar Zarate • Lifestyle International Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4340696