249 Hester Mill RdRutherfordtonNC28139
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 Rutherfordton at 249 Hester Mill Rd, Rutherfordton, NC, 28139 offers a 9.23% rental yield on a $295,000 purchase with $2,269/mo rent. Total monthly income registers $2,269/mo, and a $1,444/mo payment leaves $471/mo available for distribution. Annual cash flow reaches $5,652/yr on $97,793 to close, and return on cash invested stands at 25.69% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 133.71% and total cumulative return in cash at $130,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,269/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28139, Rutherfordton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,955 (100%) |
| Owner Occupied HU | 5,924 (66.2%) |
| Renter Occupied HU | 1,770 (19.8%) |
| Vacant Housing Units | 1,261 (14.1%) |
| Median Home Value | $272,538 |
| Average Home Value | $321,303 |
Housing Distribution
Address Breakdown
Residential
8,628
Single Family
8,517
Multi-Family
111
Businesses
633
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura May • Coldwell Banker Advantage
Mls Name: SAR
Mls Provider:
Mls ID: #315480
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.