24 Queen Annes DrTuckasegeeNC28783
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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 Tuckasegee at 24 Queen Annes Dr, Tuckasegee, NC, 28783 priced at $329,000 pairs $2,400/mo rent with $395/mo cash flow after a $1,610/mo payment. Total monthly income equals $2,400/mo, and annual cash flow comes to $4,742/yr on $109,064 invested. Return on cash invested is 24.26% in year one, and rental yield stands at 8.75% on a $329,000 basis. Equity gained on principal adds $2,123/yr, and 5% annual appreciation accumulates to $90,897 by year five. Five-year ROI measures 126.07% and total cumulative return in cash reaches $137,493. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $1,610/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28783, Tuckasegee, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,253 (100%) |
| Owner Occupied HU | 561 (44.8%) |
| Renter Occupied HU | 137 (10.9%) |
| Vacant Housing Units | 555 (44.3%) |
| Median Home Value | $293,182 |
| Average Home Value | $346,849 |
Housing Distribution
Address Breakdown
Residential
521
Single Family
521
Multi-Family
0
Businesses
37
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Listed by: Ralph Allison • Western Carolina Properties, Inc.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4259573