216 Windy Cove DrHorse ShoeNC28742
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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 Horse Shoe at 216 Windy Cove Dr, Horse Shoe, NC, 28742 priced at $349,900 pairs $0/mo rent with after a $1,713/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.16% in year one, and rental yield stands at 0% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2015
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28742, Horse Shoe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,524 (100%) |
| Owner Occupied HU | 1,172 (76.9%) |
| Renter Occupied HU | 228 (15.0%) |
| Vacant Housing Units | 124 ( 8.1%) |
| Median Home Value | $419,289 |
| Average Home Value | $536,320 |
Housing Distribution
Address Breakdown
Residential
1,192
Single Family
1,177
Multi-Family
15
Businesses
101
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: C.J. Short • Charles Johnathan Real Estate Group LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4330112