157 Wheatstone DriveGlenvilleNC28736
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 Glenville at 157 Wheatstone Drive, Glenville, NC, 28736 listed at $1,350,000 pairs $1,741/mo rent with a $6,608/mo payment. Total monthly income runs $1,741/mo. Return on cash invested measures 2.57% in year one, and rental yield registers 1.55% at a $1,350,000 basis. Equity gained on principal adds $8,711/yr, and annual property appreciation at 5% supports $372,980 by year five. Five-year ROI tracks 9.65% and total cumulative return in cash totals $42,197. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,741/mo property income relative to a $6,608/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28736, Glenville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 355 (29.0%) |
| Renter Occupied HU | 100 ( 8.2%) |
| Vacant Housing Units | 768 (62.8%) |
| Median Home Value | $439,063 |
| Average Home Value | $540,718 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
52
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Nearby investment properties with comparable prices
Listed by: Maggie Elmer • Cashiers Sotheby's International Realty
Mls Name: HCMLS
Mls ID: #1001102
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.