166 Tryon School Loop RdBessemer CityNC28016
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 Bessemer City at 166 Tryon School Loop Rd, Bessemer City, NC, 28016 at $288,000 posts ROI 14.12% with from $1,295/mo rent. Total monthly income equals $1,295/mo. Return on cash invested measures 14.12% and rental yield reads 5.4% at the current $288,000. Equity gained on principal adds $1,858/yr, and 5% annual appreciation supports $79,569 by year five. Five-year ROI prints 71.69% and total cumulative return in cash totals $68,448. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,295/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28016, Bessemer City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,159 (100%) |
| Owner Occupied HU | 3,831 (62.2%) |
| Renter Occupied HU | 1,793 (29.1%) |
| Vacant Housing Units | 535 ( 8.7%) |
| Median Home Value | $248,734 |
| Average Home Value | $320,265 |
Housing Distribution
Address Breakdown
Residential
5,725
Single Family
5,675
Multi-Family
50
Businesses
306
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Crystal Lane • Oak and Willow Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4283620