2115 Dallas Stanley HwyStanleyNC28164
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
Rental property for sale in Stanley at 2115 Dallas Stanley Hwy, Stanley, NC, 28164 priced at $189,500 converts $1,716/mo rent into $561/mo cash flow after a $928/mo obligation. Total monthly income equals $1,716/mo, and annual cash flow totals $6,727/yr on $62,819 invested. Return on cash invested prints 30.62% in year one, and rental yield reads 10.87% against a $189,500 entry. Equity gained on principal adds $1,223/yr, while 5% annual appreciation compiles into $52,355 by year five. Five-year ROI reaches 160.17% and total cumulative return in cash sums $100,619. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,716/mo property income covering a $928/mo payment, not borrower’s personal income.
Single Family
Built in 1946
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28164, Stanley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,790 (100%) |
| Owner Occupied HU | 5,220 (76.9%) |
| Renter Occupied HU | 1,257 (18.5%) |
| Vacant Housing Units | 313 ( 4.6%) |
| Median Home Value | $351,924 |
| Average Home Value | $372,055 |
Housing Distribution
Address Breakdown
Residential
6,306
Single Family
6,272
Multi-Family
34
Businesses
340
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Listed by: Patricia Botero • EXP Realty LLC Ballantyne
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4142099
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-24 10:55:15 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)