198 Sandy Davis DrToptonNC28781
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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
Rental property for sale in Topton at 198 Sandy Davis Dr, Topton, NC, 28781 generates $2,324/mo in rent, after a $2,932/mo payment. Total monthly income is $2,324/mo. Return on cash invested sits at 11.98% in year one, and rental yield is 4.66% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 60.19% and total cumulative return in cash sums $118,618. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,324/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
14.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28781, Topton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,008 (100%) |
| Owner Occupied HU | 313 (31.1%) |
| Renter Occupied HU | 63 ( 6.2%) |
| Vacant Housing Units | 632 (62.7%) |
| Median Home Value | $316,071 |
| Average Home Value | $356,669 |
Housing Distribution
Address Breakdown
Residential
671
Single Family
611
Multi-Family
60
Businesses
28
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Listed by: Jennifer Solesbee • Nantahala Real Estate
Mls Name: Mountain Lakes BOR
Mls ID: #153992