229 Whitetail Ridge DrAlmondNC28702
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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 Almond at 229 Whitetail Ridge Dr, Almond, NC, 28702 listed at $405,000 pairs $0/mo rent with a $1,982/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.15% in year one, and rental yield registers 0% at a $405,000 basis. Equity gained on principal adds $2,613/yr, and annual property appreciation at 5% supports $111,894 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,982/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28702, Almond, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 159 (36.9%) |
| Renter Occupied HU | 39 ( 9.0%) |
| Vacant Housing Units | 233 (54.1%) |
| Median Home Value | $261,364 |
| Average Home Value | $306,368 |
Housing Distribution
Address Breakdown
Residential
236
Single Family
236
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Selissa Shuler • Appalachian Real Estate
Mls Name: Carolina Smokies MLS
Mls ID: #26041866