2053 Nancy Mountain RdRosmanNC28772
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rosman at 2053 Nancy Mountain Rd, Rosman, NC, 28772 offers a 11.2% rental yield on a $299,900 purchase with $2,800/mo rent. Total monthly income registers $2,800/mo, and a $1,468/mo payment leaves $972/mo available for distribution. Annual cash flow reaches $11,665/yr on $99,417 to close, and return on cash invested stands at 31.64% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 165.67% and total cumulative return in cash at $164,704. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,800/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28772, Rosman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 872 (100%) |
| Owner Occupied HU | 511 (58.6%) |
| Renter Occupied HU | 165 (18.9%) |
| Vacant Housing Units | 196 (22.5%) |
| Median Home Value | $279,878 |
| Average Home Value | $344,359 |
Housing Distribution
Address Breakdown
Residential
553
Single Family
553
Multi-Family
0
Businesses
62
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Listed by: Mandy Strickland • KM Residential Properties, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4315905