2506 Turnpike RdHorse ShoeNC28742
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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 Horse Shoe at 2506 Turnpike Rd, Horse Shoe, NC, 28742 listed at $379,900 pairs $0/mo rent with a $1,859/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.15% in year one, and rental yield registers 0% at a $379,900 basis. Equity gained on principal adds $2,451/yr, and annual property appreciation at 5% supports $104,959 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,859/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28742, Horse Shoe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,524 (100%) |
| Owner Occupied HU | 1,172 (76.9%) |
| Renter Occupied HU | 228 (15.0%) |
| Vacant Housing Units | 124 ( 8.1%) |
| Median Home Value | $419,289 |
| Average Home Value | $536,320 |
Housing Distribution
Address Breakdown
Residential
1,192
Single Family
1,177
Multi-Family
15
Businesses
101
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Scott Angelo • EXP Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4235277