1917 Longbottom RdMc gradyNC28649
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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 Mc grady at 1917 Longbottom Rd, Mc grady, NC, 28649 offers a 8.22% rental yield on a $199,900 purchase with $1,370/mo rent. Total monthly income registers $1,370/mo, and a $978/mo payment leaves $152/mo available for distribution. Annual cash flow reaches $1,825/yr on $66,267 to close, and return on cash invested stands at 22.66% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 117.56% and total cumulative return in cash at $77,905. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,370/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
2.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28649, Mc Grady, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 442 (100%) |
| Owner Occupied HU | 307 (69.5%) |
| Renter Occupied HU | 77 (17.4%) |
| Vacant Housing Units | 58 (13.1%) |
| Median Home Value | $216,176 |
| Average Home Value | $253,404 |
Housing Distribution
Address Breakdown
Residential
348
Single Family
348
Multi-Family
0
Businesses
5
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Listed by: Chip Camp • Whitetail Properties Real Estate LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4318870