186 Tanner StRutherfordtonNC28139
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Nearby investment properties with comparable prices
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 Rutherfordton at 186 Tanner St, Rutherfordton, NC, 28139 earns $171/mo cash flow from $1,896/mo rent with a $1,385/mo payment. Total monthly income totals $1,896/mo, and annual cash flow totals $2,057/yr on $93,815 capital. ROI tracks 22.1% on current figures, and rental yield reads 8.04% at a $283,000 purchase. Equity gained on principal adds $1,826/yr, and 5% annual appreciation supports $78,188 over five years. Five-year ROI reaches 114.5% and total cumulative return in cash sums $107,415. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,896/mo property income instead of your personal income.
Single Family
Built in 1955
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28139, Rutherfordton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,955 (100%) |
| Owner Occupied HU | 5,924 (66.2%) |
| Renter Occupied HU | 1,770 (19.8%) |
| Vacant Housing Units | 1,261 (14.1%) |
| Median Home Value | $272,538 |
| Average Home Value | $321,303 |
Housing Distribution
Address Breakdown
Residential
8,628
Single Family
8,517
Multi-Family
111
Businesses
633
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Listed by: Sherry Reavis • RE/MAX Journey
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4306159