170 Riverwood DrBrowns SummitNC27214
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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 Browns Summit at 170 Riverwood Dr, Browns Summit, NC, 27214 generates $922/mo in rent and, after a $592/mo payment, leaves $185/mo in cash flow. Total monthly income is $922/mo, and annual cash flow is $2,219/yr on $40,078 invested. Return on cash invested sits at 25.45% in year one, and rental yield is 9.15% on a $120,900 entry. Equity gained on principal adds $780/yr, while 5% annual appreciation builds toward $33,402 over five years. Five-year ROI reaches 132.4% and total cumulative return in cash sums $53,066. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $922/mo property income rather than buyer’s personal income.
Manufactured
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27214, Browns Summit, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,083 (100%) |
| Owner Occupied HU | 3,677 (72.3%) |
| Renter Occupied HU | 1,177 (23.2%) |
| Vacant Housing Units | 229 ( 4.5%) |
| Median Home Value | $370,860 |
| Average Home Value | $394,876 |
Housing Distribution
Address Breakdown
Residential
5,128
Single Family
4,610
Multi-Family
518
Businesses
170
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Listed by: NOT APPLICABLE • N/A
Mls Name: Hubzu
Mls ID: #91716528370AUCN17