185 McCoy DrHoffmanNC28347
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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 Hoffman at 185 McCoy Dr, Hoffman, NC, 28347 offers a 0% rental yield on a $124,900 purchase with $0/mo rent. 14% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28347, Hoffman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 421 (100%) |
| Owner Occupied HU | 269 (63.9%) |
| Renter Occupied HU | 95 (22.6%) |
| Vacant Housing Units | 57 (13.5%) |
| Median Home Value | $156,696 |
| Average Home Value | $163,680 |
Housing Distribution
Address Breakdown
Residential
377
Single Family
377
Multi-Family
0
Businesses
36
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Listed by: COYE SANDERS • CAROLINAS FULL SERVICE REALTY, INC.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #747029
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.