176 Milltown RdShilohNC27974
Nearby investment properties with comparable rents
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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 Shiloh at 176 Milltown Rd, Shiloh, NC, 27974 priced at $360,000 converts $2,502/mo rent into $308/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,502/mo, and annual cash flow totals $3,696/yr on $119,340 invested. Return on cash invested prints 23.01% in year one, and rental yield reads 8.34% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 119.31% and total cumulative return in cash sums $142,389. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,502/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1982
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27974, Shiloh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 697 (100%) |
| Owner Occupied HU | 543 (77.9%) |
| Renter Occupied HU | 118 (16.9%) |
| Vacant Housing Units | 36 ( 5.2%) |
| Median Home Value | $310,263 |
| Average Home Value | $313,076 |
Housing Distribution
Address Breakdown
Residential
508
Single Family
508
Multi-Family
0
Businesses
11
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