157 Wolf TrailMc GradyNC28649
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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
Rental property for sale in Mc Grady at 157 Wolf Trail, Mc Grady, NC, 28649 generates $1,046/mo in rent, after a $925/mo payment. Total monthly income is $1,046/mo. Return on cash invested sits at 17.88% in year one, and rental yield is 6.64% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 91.93% and total cumulative return in cash sums $57,598. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,046/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
2.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28649, Mc Grady, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 442 (100%) |
| Owner Occupied HU | 307 (69.5%) |
| Renter Occupied HU | 77 (17.4%) |
| Vacant Housing Units | 58 (13.1%) |
| Median Home Value | $216,176 |
| Average Home Value | $253,404 |
Housing Distribution
Address Breakdown
Residential
348
Single Family
348
Multi-Family
0
Businesses
5
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Listed by: Jennifer Phelps • Blue Ridge Realty & Inv. Boone
Mls Name: High Country AOR
Mls ID: #259592