194 Hillsboro RdTaylorsvilleNC28681
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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 Taylorsville at 194 Hillsboro Rd, Taylorsville, NC, 28681 offers $1,924/mo rent that, after a $1,273/mo payment, leaves $339/mo cash flow. Total monthly income is $1,924/mo, and annual cash flow is $4,068/yr on $86,190 cash. Return on cash invested measures 24.63% in year one, and rental yield stands at 8.88% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 128.01% and total cumulative return in cash reaches $110,333. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,924/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28681, Taylorsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,207 (100%) |
| Owner Occupied HU | 7,699 (68.7%) |
| Renter Occupied HU | 2,386 (21.3%) |
| Vacant Housing Units | 1,122 (10.0%) |
| Median Home Value | $209,146 |
| Average Home Value | $256,989 |
Housing Distribution
Address Breakdown
Residential
10,314
Single Family
10,266
Multi-Family
48
Businesses
633
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Nearby investment properties with comparable prices
Listed by: Stephen Kue • Century 21 American Homes
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4297321