220 Alvin Hough RdMidlandNC28107
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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
Investment property for sale in Midland at 220 Alvin Hough Rd, Midland, NC, 28107 at $825,000 posts ROI 12.61% with from $3,342/mo rent. Total monthly income equals $3,342/mo. Return on cash invested measures 12.61% and rental yield reads 4.86% at the current $825,000. Equity gained on principal adds $5,324/yr, and 5% annual appreciation supports $227,932 by year five. Five-year ROI prints 63.51% and total cumulative return in cash totals $172,389. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,342/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
8.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28107, Midland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,039 (100%) |
| Owner Occupied HU | 3,399 (84.2%) |
| Renter Occupied HU | 465 (11.5%) |
| Vacant Housing Units | 175 ( 4.3%) |
| Median Home Value | $419,281 |
| Average Home Value | $459,103 |
Housing Distribution
Address Breakdown
Residential
3,950
Single Family
3,950
Multi-Family
0
Businesses
223
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Listed by: Shelly Jones • EXP Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4291171