2447 Piney Mountain RdWalnut CoveNC27052
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
Rental property for sale in Walnut Cove at 2447 Piney Mountain Rd, Walnut Cove, NC, 27052 offers $1,276/mo rent that, after a $1,027/mo payment. Total monthly income is $1,276/mo. Return on cash invested measures 19.86% in year one, and rental yield stands at 7.29% at a $209,900 entry. Equity gained on principal adds $1,354/yr while 5% annual appreciation compounds into $57,992 by year five. Five-year ROI records 102.52% and total cumulative return in cash reaches $71,336. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,276/mo property income versus a $1,027/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27052, Walnut Cove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,825 (100%) |
| Owner Occupied HU | 3,323 (68.9%) |
| Renter Occupied HU | 1,017 (21.1%) |
| Vacant Housing Units | 485 (10.1%) |
| Median Home Value | $212,915 |
| Average Home Value | $258,539 |
Housing Distribution
Address Breakdown
Residential
4,322
Single Family
4,269
Multi-Family
53
Businesses
243
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Listed by: Jonathan Inman • Carolina Farms & Homes - King
Mls Name: Triad MLS
Mls ID: #1191596