2216 Olde Well RdHudsonNC28638
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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 Hudson at 2216 Olde Well Rd, Hudson, NC, 28638 earns $330/mo cash flow from $2,432/mo rent with a $1,688/mo payment. Total monthly income totals $2,432/mo, and annual cash flow totals $3,961/yr on $114,334 capital. ROI tracks 23.37% on current figures, and rental yield reads 8.46% at a $344,900 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,290 over five years. Five-year ROI reaches 121.33% and total cumulative return in cash sums $138,717. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,432/mo property income instead of your personal income.
Single Family
Built in 1978
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28638, Hudson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,477 (100%) |
| Owner Occupied HU | 3,555 (64.9%) |
| Renter Occupied HU | 1,565 (28.6%) |
| Vacant Housing Units | 357 ( 6.5%) |
| Median Home Value | $221,870 |
| Average Home Value | $251,869 |
Housing Distribution
Address Breakdown
Residential
5,166
Single Family
5,086
Multi-Family
80
Businesses
362
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Listed by: Sasha Elliott • Harper Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4322386