184 Kids LnMayodanNC27027
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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 Mayodan at 184 Kids Ln, Mayodan, NC, 27027 offers $1,338/mo rent that, after a $783/mo payment, leaves $363/mo cash flow. Total monthly income is $1,338/mo, and annual cash flow is $4,356/yr on $53,040 cash. Return on cash invested measures 28.12% in year one, and rental yield stands at 10.04% at a $160,000 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,205 by year five. Five-year ROI records 146.72% and total cumulative return in cash reaches $77,822. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,338/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27027, Mayodan, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,198 (100%) |
| Owner Occupied HU | 1,277 (58.1%) |
| Renter Occupied HU | 717 (32.6%) |
| Vacant Housing Units | 204 ( 9.3%) |
| Median Home Value | $159,226 |
| Average Home Value | $198,747 |
Housing Distribution
Address Breakdown
Residential
1,979
Single Family
1,797
Multi-Family
182
Businesses
153
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Listed by: Reveca Cardoza • United Realty Group Inc.
Mls Name: Triad MLS
Mls ID: #1201924