18 Olde Duffers DrNeboNC28761
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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 Nebo at 18 Olde Duffers Dr, Nebo, NC, 28761 offers $4,404/mo rent that, after a $2,521/mo payment, leaves $1,265/mo cash flow. Total monthly income is $4,404/mo, and annual cash flow is $15,180/yr on $169,435 cash. Return on cash invested measures 29.02% in year one, and rental yield stands at 10.26% at a $515,000 entry. Equity gained on principal adds $3,323/yr while 5% annual appreciation compounds into $142,285 by year five. Five-year ROI records 151.53% and total cumulative return in cash reaches $256,753. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,404/mo property income versus a $2,521/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 1979
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28761, Nebo, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,457 (100%) |
| Owner Occupied HU | 2,949 (66.2%) |
| Renter Occupied HU | 664 (14.9%) |
| Vacant Housing Units | 844 (18.9%) |
| Median Home Value | $249,932 |
| Average Home Value | $339,791 |
Housing Distribution
Address Breakdown
Residential
4,033
Single Family
4,033
Multi-Family
0
Businesses
117
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A