1830 Major Hill RdSnow CampNC27349
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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 Snow Camp at 1830 Major Hill Rd, Snow Camp, NC, 27349 priced at $425,000 converts $2,237/mo rent into after a $2,080/mo obligation. Total monthly income equals $2,237/mo. Return on cash invested prints 16.9% in year one, and rental yield reads 6.32% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 86.57% and total cumulative return in cash sums $121,973. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,237/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1976
13.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27349, Snow Camp, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,021 (100%) |
| Owner Occupied HU | 2,366 (78.3%) |
| Renter Occupied HU | 375 (12.4%) |
| Vacant Housing Units | 280 ( 9.3%) |
| Median Home Value | $301,613 |
| Average Home Value | $338,690 |
Housing Distribution
Address Breakdown
Residential
2,723
Single Family
2,717
Multi-Family
6
Businesses
72
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Listed by: Christy Donaldson • Keller Williams Central
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1159236
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