202 Thomas DrAlmondNC28702
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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 Almond at 202 Thomas Dr, Almond, NC, 28702 generates $1,096/mo in rent, after a $930/mo payment. Total monthly income is $1,096/mo. Return on cash invested sits at 18.73% in year one, and rental yield is 6.92% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 96.37% and total cumulative return in cash sums $60,696. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,096/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
1.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28702, Almond, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 159 (36.9%) |
| Renter Occupied HU | 39 ( 9.0%) |
| Vacant Housing Units | 233 (54.1%) |
| Median Home Value | $261,364 |
| Average Home Value | $306,368 |
Housing Distribution
Address Breakdown
Residential
236
Single Family
236
Multi-Family
0
Businesses
19
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Listed by: Lytisha Shuler • Keller Williams - Great Smokies - Bc
Mls Name: Carolina Smokies MLS
Mls ID: #26039561
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.