220 Hill Valley Dr LOT 88La GrangeNC28551
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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 La Grange at 220 Hill Valley Dr LOT 88, La Grange, NC, 28551 listed at $292,950 pairs $300/mo rent with a $1,434/mo payment. Total monthly income runs $300/mo. Return on cash invested measures 1.55% in year one, and rental yield registers 1.23% at a $292,950 basis. Equity gained on principal adds $1,890/yr, and annual property appreciation at 5% supports $80,937 by year five. Five-year ROI tracks 4.31% and total cumulative return in cash totals $4,182. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $300/mo property income relative to a $1,434/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28551, La Grange, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,818 (100%) |
| Owner Occupied HU | 3,583 (61.6%) |
| Renter Occupied HU | 1,525 (26.2%) |
| Vacant Housing Units | 710 (12.2%) |
| Median Home Value | $182,914 |
| Average Home Value | $233,400 |
Housing Distribution
Address Breakdown
Residential
6,017
Single Family
5,994
Multi-Family
23
Businesses
299
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Listed by: April Stephens • eXp Realty, LLC - C
Mls Name: Doorify MLS
Mls ID: #10137020