196 Guilford RdHarmonyNC28634
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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 Harmony at 196 Guilford Rd, Harmony, NC, 28634 offers a 7.46% rental yield on a $279,900 purchase with $1,740/mo rent. Total monthly income registers $1,740/mo, and a $1,370/mo payment leaves $34/mo available for distribution. Annual cash flow reaches $409/yr on $92,787 to close, and return on cash invested stands at 20.35% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 105.13% and total cumulative return in cash at $97,549. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,740/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
3.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28634, Harmony, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,274 (100%) |
| Owner Occupied HU | 1,608 (70.7%) |
| Renter Occupied HU | 413 (18.2%) |
| Vacant Housing Units | 253 (11.1%) |
| Median Home Value | $227,326 |
| Average Home Value | $355,816 |
Housing Distribution
Address Breakdown
Residential
2,182
Single Family
2,182
Multi-Family
0
Businesses
106
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Listed by: Debbie Simpson • RE/MAX Impact Realty
Mls Name: Triad MLS
Mls ID: #1207685