1762 Russell Gap RoadMoravian FallsNC28654
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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 Moravian Falls at 1762 Russell Gap Road, Moravian Falls, NC, 28654 priced at $150,000 converts $1,307/mo rent into $393/mo cash flow after a $734/mo obligation. Total monthly income equals $1,307/mo, and annual cash flow totals $4,716/yr on $49,725 invested. Return on cash invested prints 29.39% in year one, and rental yield reads 10.46% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 153.57% and total cumulative return in cash sums $76,362. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,307/mo property income covering a $734/mo payment, not borrower’s personal income.
Lot
Built in N/A
37.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28654, Moravian Falls, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,645 (100%) |
| Owner Occupied HU | 1,099 (66.8%) |
| Renter Occupied HU | 332 (20.2%) |
| Vacant Housing Units | 214 (13.0%) |
| Median Home Value | $305,870 |
| Average Home Value | $317,862 |
Housing Distribution
Address Breakdown
Residential
1,498
Single Family
1,498
Multi-Family
0
Businesses
74
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Listed by: Timothy Coffey • Mossy Oak Properties Land & Luxury
Mls Name: High Country AOR
Mls Provider:
Mls ID: #250962
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.