233 Garden DrMoravian FallsNC28654
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Moravian Falls at 233 Garden Dr, Moravian Falls, NC, 28654 at $209,000 posts ROI 22.79% with $166/mo cash flow from $1,440/mo rent. Total monthly income equals $1,440/mo, and annual cash flow records $1,994/yr on $69,284 to close. Return on cash invested measures 22.79% and rental yield reads 8.27% at the current $209,000. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 by year five. Five-year ROI prints 118.21% and total cumulative return in cash totals $81,902.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,440/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28654, Moravian Falls, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,645 (100%) |
| Owner Occupied HU | 1,099 (66.8%) |
| Renter Occupied HU | 332 (20.2%) |
| Vacant Housing Units | 214 (13.0%) |
| Median Home Value | $305,870 |
| Average Home Value | $317,862 |
Housing Distribution
Address Breakdown
Residential
1,498
Single Family
1,498
Multi-Family
0
Businesses
74
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Nearby investment properties with comparable prices
Listed by: Holly Richardson • North Carolina Mountain Investments, LLC
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1162752
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