181-183 Little Mountain RdOttoNC28763
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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 Otto at 181-183 Little Mountain Rd, Otto, NC, 28763 earns $297/mo cash flow from $1,937/mo rent with a $1,317/mo payment. Total monthly income totals $1,937/mo, and annual cash flow totals $3,566/yr on $89,174 capital. ROI tracks 23.91% on current figures, and rental yield reads 8.64% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 124.22% and total cumulative return in cash sums $110,771. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,937/mo property income instead of your personal income.
Single Family
Built in 1980
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28763, Otto, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,861 (100%) |
| Owner Occupied HU | 1,033 (55.5%) |
| Renter Occupied HU | 235 (12.6%) |
| Vacant Housing Units | 593 (31.9%) |
| Median Home Value | $313,722 |
| Average Home Value | $369,727 |
Housing Distribution
Address Breakdown
Residential
1,345
Single Family
1,345
Multi-Family
0
Businesses
73
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Listed by: Dennis Mcdowell • Unique Properties Of Franklin
Mls Name: Carolina Smokies MLS
Mls ID: #26037896
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.