177 Rhoda StCantonNC28716
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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
Investment property for sale in Canton at 177 Rhoda St, Canton, NC, 28716 with 5% annual appreciation on a $355,000 basis while $2,659/mo rent supports operations. Total monthly income totals $2,659/mo and a $1,738/mo payment preserves $495/mo for cash returns. Annual cash flow comes to $5,940/yr on $117,683 deployed, and return on cash invested reaches 24.96% in year one. Equity gained on principal adds $2,291/yr, and five-year appreciation sums $98,080 alongside rental yield of 8.99%. Five-year ROI measures 129.77% and total cumulative return in cash totals $152,712.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,659/mo property income versus a $1,738/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
0.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28716, Canton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,677 (100%) |
| Owner Occupied HU | 5,864 (67.6%) |
| Renter Occupied HU | 1,673 (19.3%) |
| Vacant Housing Units | 1,140 (13.1%) |
| Median Home Value | $249,573 |
| Average Home Value | $297,654 |
Housing Distribution
Address Breakdown
Residential
7,868
Single Family
7,802
Multi-Family
66
Businesses
437
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Listed by: Brian K. Noland • Howard Hanna Beverly-Hanks Waynesville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4292224