167 Hancock And Moore LnTaylorsvilleNC28681
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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 Taylorsville at 167 Hancock And Moore Ln, Taylorsville, NC, 28681 priced at $224,900 converts $1,601/mo rent into $230/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,601/mo, and annual cash flow totals $2,761/yr on $74,554 invested. Return on cash invested prints 23.61% in year one, and rental yield reads 8.54% against a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation compiles into $62,136 by year five. Five-year ROI reaches 122.63% and total cumulative return in cash sums $91,429. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,601/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1961
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28681, Taylorsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,207 (100%) |
| Owner Occupied HU | 7,699 (68.7%) |
| Renter Occupied HU | 2,386 (21.3%) |
| Vacant Housing Units | 1,122 (10.0%) |
| Median Home Value | $209,146 |
| Average Home Value | $256,989 |
Housing Distribution
Address Breakdown
Residential
10,314
Single Family
10,266
Multi-Family
48
Businesses
633
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