2440 Emanuel Church RdRockwellNC28138
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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 Rockwell at 2440 Emanuel Church Rd, Rockwell, NC, 28138 offers a 9.54% rental yield on a $249,000 purchase with $1,980/mo rent. Total monthly income registers $1,980/mo, and a $1,219/mo payment leaves $462/mo available for distribution. Annual cash flow reaches $5,546/yr on $82,544 to close, and return on cash invested stands at 26.63% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 138.79% and total cumulative return in cash at $114,560. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,980/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28138, Rockwell, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,580 (100%) |
| Owner Occupied HU | 3,362 (73.4%) |
| Renter Occupied HU | 927 (20.2%) |
| Vacant Housing Units | 291 ( 6.4%) |
| Median Home Value | $274,062 |
| Average Home Value | $317,255 |
Housing Distribution
Address Breakdown
Residential
4,345
Single Family
4,345
Multi-Family
0
Businesses
233
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Listed by: Cathy Griffin • Century 21 Towne & Country
Mls Name: Triad MLS
Mls ID: #1196732