1601 Golf Course RdLittletonNC27850
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
Rental property for sale in Littleton at 1601 Golf Course Rd, Littleton, NC, 27850 offers $2,494/mo rent that, after a $9,544/mo payment. Total monthly income is $2,494/mo. Return on cash invested measures 2.54% in year one, and rental yield stands at 1.53% at a $1,950,000 entry. Equity gained on principal adds $12,583/yr while 5% annual appreciation compounds into $538,749 by year five. Five-year ROI records 9.44% and total cumulative return in cash reaches $59,669. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,494/mo property income versus a $9,544/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27850, Littleton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 2,639 (47.0%) |
| Renter Occupied HU | 635 (11.3%) |
| Vacant Housing Units | 2,337 (41.7%) |
| Median Home Value | $297,533 |
| Average Home Value | $376,077 |
Housing Distribution
Address Breakdown
Residential
4,102
Single Family
4,102
Multi-Family
0
Businesses
231
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Listed by: Pea Hill Team,Doug Merrifield • Coldwell Banker Advantage-Littleton
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #138861
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.