2258 Tower RdMargarettsvlNC27853
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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 Margarettsvl at 2258 Tower Rd, Margarettsvl, NC, 27853 generates $1,290/mo in rent, after a $1,072/mo payment. Total monthly income is $1,290/mo. Return on cash invested sits at 19.17% in year one, and rental yield is 7.07% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 98.79% and total cumulative return in cash sums $71,721. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,290/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27853, Margarettsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 217 (100%) |
| Owner Occupied HU | 144 (66.4%) |
| Renter Occupied HU | 38 (17.5%) |
| Vacant Housing Units | 35 (16.1%) |
| Median Home Value | $126,042 |
| Average Home Value | $212,083 |
Housing Distribution
Address Breakdown
Residential
231
Single Family
231
Multi-Family
0
Businesses
6
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Listed by: Rhonda Nixon • Wilkie Real Estate
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #140272