167 Whitener RdPenroseNC28766
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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 Penrose at 167 Whitener Rd, Penrose, NC, 28766 priced at $444,900 converts $0/mo rent into after a $2,178/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.16% in year one, and rental yield reads 0% against a $444,900 entry. Equity gained on principal adds $2,871/yr, while 5% annual appreciation compiles into $122,918 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $2,178/mo payment, not borrower’s personal income.
Single Family
Built in 1960
2.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28766, Penrose, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 612 (100%) |
| Owner Occupied HU | 459 (75.0%) |
| Renter Occupied HU | 82 (13.4%) |
| Vacant Housing Units | 71 (11.6%) |
| Median Home Value | $435,677 |
| Average Home Value | $456,999 |
Housing Distribution
Address Breakdown
Residential
541
Single Family
541
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Heather Scott • H Scott & Associates
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4255626