154 Ethel DrStanleyNC28164
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 Stanley at 154 Ethel Dr, Stanley, NC, 28164 listed at $350,000 pairs $2,551/mo rent with a $1,713/mo payment to leave $418/mo cash flow. Total monthly income runs $2,551/mo, and annual cash flow reaches $5,016/yr on $116,025 cash to close. Return on cash invested measures 24.23% in year one, and rental yield registers 8.75% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 125.88% and total cumulative return in cash totals $146,054. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,551/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
2.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28164, Stanley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,790 (100%) |
| Owner Occupied HU | 5,220 (76.9%) |
| Renter Occupied HU | 1,257 (18.5%) |
| Vacant Housing Units | 313 ( 4.6%) |
| Median Home Value | $351,924 |
| Average Home Value | $372,055 |
Housing Distribution
Address Breakdown
Residential
6,306
Single Family
6,272
Multi-Family
34
Businesses
340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amber Meadows • Realty Executives Lake Norman
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4278634