2016 Creek RdNashvilleNC27856
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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 Nashville at 2016 Creek Rd, Nashville, NC, 27856 uses $81,549 cash to close to unlock $5,434/yr annual cash flow and $453/mo monthly cash flow. Total monthly income runs $1,952/mo, and a $1,204/mo payment keeps the spread at $453/mo. Purchase price stands at $246,000, and rental yield measures 9.52% with $1,952/mo rent. Return on cash invested shows 26.57% in year one, and 5% annual appreciation builds toward $67,965 over five years. Five-year ROI reaches 138.44% and total cumulative return in cash records $112,898. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,952/mo property income covering a $1,204/mo payment rather than investor’s personal income.
Single Family
Built in 2017
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27856, Nashville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,695 (100%) |
| Owner Occupied HU | 5,018 (65.2%) |
| Renter Occupied HU | 2,018 (26.2%) |
| Vacant Housing Units | 659 ( 8.6%) |
| Median Home Value | $243,683 |
| Average Home Value | $258,911 |
Housing Distribution
Address Breakdown
Residential
7,389
Single Family
7,317
Multi-Family
72
Businesses
429
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