167 Evergreen Hill DrEtowahNC28729
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 Etowah at 167 Evergreen Hill Dr, Etowah, NC, 28729 priced at $350,000 pairs $2,191/mo rent with $58/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,191/mo, and annual cash flow comes to $696/yr on $116,025 invested. Return on cash invested is 20.51% in year one, and rental yield stands at 7.51% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 105.92% and total cumulative return in cash reaches $122,894. For financing, Ziffy Mortgage’s DSCR program evaluates $2,191/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28729, Etowah, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,518 (100%) |
| Owner Occupied HU | 1,220 (80.4%) |
| Renter Occupied HU | 158 (10.4%) |
| Vacant Housing Units | 140 ( 9.2%) |
| Median Home Value | $364,130 |
| Average Home Value | $533,121 |
Housing Distribution
Address Breakdown
Residential
1,285
Single Family
1,285
Multi-Family
0
Businesses
147
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Listed by: Steve Dozier • Howard Hanna Beverly-Hanks
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4302839