194 Providence Mill RdMaidenNC28650
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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 Maiden at 194 Providence Mill Rd, Maiden, NC, 28650 with 5% annual appreciation on a $249,000 basis while $2,077/mo rent supports operations. Total monthly income totals $2,077/mo and a $1,219/mo payment preserves $559/mo for cash returns. Annual cash flow comes to $6,710/yr on $82,544 deployed, and return on cash invested reaches 28.04% in year one. Equity gained on principal adds $1,607/yr, and five-year appreciation sums $68,794 alongside rental yield of 10.01%. Five-year ROI measures 146.36% and total cumulative return in cash totals $120,812.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,077/mo property income versus a $1,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28650, Maiden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,033 (100%) |
| Owner Occupied HU | 4,331 (71.8%) |
| Renter Occupied HU | 1,158 (19.2%) |
| Vacant Housing Units | 544 ( 9.0%) |
| Median Home Value | $285,884 |
| Average Home Value | $312,459 |
Housing Distribution
Address Breakdown
Residential
5,592
Single Family
5,572
Multi-Family
20
Businesses
267
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Listed by: Anthony Lawing • Lawing Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4309793