2412 Scenic Valley RoadGlade ValleyNC28627
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 Glade Valley at 2412 Scenic Valley Road, Glade Valley, NC, 28627 offers a 11.83% rental yield on a $149,000 purchase with $1,469/mo rent. Total monthly income registers $1,469/mo, and a $729/mo payment leaves $561/mo available for distribution. Annual cash flow reaches $6,734/yr on $49,394 to close, and return on cash invested stands at 33.54% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 175.93% and total cumulative return in cash at $86,896. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,469/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28627, Glade Valley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,626 (100%) |
| Owner Occupied HU | 620 (38.1%) |
| Renter Occupied HU | 129 ( 7.9%) |
| Vacant Housing Units | 877 (53.9%) |
| Median Home Value | $246,491 |
| Average Home Value | $411,948 |
Housing Distribution
Address Breakdown
Residential
706
Single Family
706
Multi-Family
0
Businesses
15
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Nearby investment properties with comparable prices
Listed by: VICKIE BARTLETT • Miles Realty
Mls Name: High Country AOR
Mls ID: #257078