171 Will Glenn RoadSugar GroveNC28679
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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 Sugar Grove at 171 Will Glenn Road, Sugar Grove, NC, 28679 offers $1,936/mo rent that, after a $1,370/mo payment, leaves $230/mo cash flow. Total monthly income is $1,936/mo, and annual cash flow is $2,760/yr on $92,820 cash. Return on cash invested measures 22.88% in year one, and rental yield stands at 8.3% at a $280,000 entry. Equity gained on principal adds $1,807/yr while 5% annual appreciation compounds into $77,359 by year five. Five-year ROI records 118.65% and total cumulative return in cash reaches $110,133. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,936/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1992
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28679, Sugar Grove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,107 (100%) |
| Owner Occupied HU | 654 (59.1%) |
| Renter Occupied HU | 167 (15.1%) |
| Vacant Housing Units | 286 (25.8%) |
| Median Home Value | $349,068 |
| Average Home Value | $389,266 |
Housing Distribution
Address Breakdown
Residential
932
Single Family
932
Multi-Family
0
Businesses
45
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Listed by: Jack Jeffrey Everette • Jeff's Realty & Investment Properties
Mls Name: High Country AOR
Mls Provider:
Mls ID: #256186
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.