2163 Dickey RdMurphyNC28906
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 Murphy at 2163 Dickey Rd, Murphy, NC, 28906 offers a 3.48% rental yield on a $434,000 purchase with $1,260/mo rent. 36% in year one. Equity gained on principal adds $2,801/yr while 5% annual appreciation supports $119,906 over five years. Portfolio math shows five-year ROI at 40.8% and total cumulative return in cash at $58,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,260/mo property income against a $2,124/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
2.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28906, Murphy, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,243 (100%) |
| Owner Occupied HU | 8,280 (58.1%) |
| Renter Occupied HU | 1,714 (12.0%) |
| Vacant Housing Units | 4,249 (29.8%) |
| Median Home Value | $281,405 |
| Average Home Value | $314,832 |
Housing Distribution
Address Breakdown
Residential
11,666
Single Family
11,662
Multi-Family
4
Businesses
963
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Noland • Great Mountain Properties, Inc.
Mls Name: NGBOR
Mls ID: #417846
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.