188 AA Bernard Bledsoe LaneToddNC28684
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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
Rental property for sale in Todd at 188 AA Bernard Bledsoe Lane, Todd, NC, 28684 priced at $389,000 converts $2,838/mo rent into $467/mo cash flow after a $1,904/mo obligation. Total monthly income equals $2,838/mo, and annual cash flow totals $5,606/yr on $128,954 invested. Return on cash invested prints 24.26% in year one, and rental yield reads 8.75% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. Five-year ROI reaches 126.06% and total cumulative return in cash sums $162,558. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,838/mo property income covering a $1,904/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28684, Todd, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,571 (100%) |
| Owner Occupied HU | 701 (44.6%) |
| Renter Occupied HU | 138 ( 8.8%) |
| Vacant Housing Units | 732 (46.6%) |
| Median Home Value | $346,382 |
| Average Home Value | $436,238 |
Housing Distribution
Address Breakdown
Residential
1,026
Single Family
1,026
Multi-Family
0
Businesses
27
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Listed by: Vandi Montero • Keller Williams High Country
Mls Name: High Country AOR
Mls Provider:
Mls ID: #255055
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.