205 Virginia RdLittletonNC27850
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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 Littleton at 205 Virginia Rd, Littleton, NC, 27850 priced at $750,000 converts $2,214/mo rent into after a $3,671/mo obligation. Total monthly income equals $2,214/mo. Return on cash invested prints 8.6% in year one, and rental yield reads 3.54% against a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation compiles into $207,211 by year five. Five-year ROI reaches 42.02% and total cumulative return in cash sums $103,686. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,214/mo property income covering a $3,671/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27850, Littleton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 2,639 (47.0%) |
| Renter Occupied HU | 635 (11.3%) |
| Vacant Housing Units | 2,337 (41.7%) |
| Median Home Value | $297,533 |
| Average Home Value | $376,077 |
Housing Distribution
Address Breakdown
Residential
4,102
Single Family
4,102
Multi-Family
0
Businesses
231
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Listed by: Brenda Thompson • Coldwell Banker Advantage-Littleton
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #140148