2510 Snow Creek RdHickoryNC28601
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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 Hickory at 2510 Snow Creek Rd, Hickory, NC, 28601 earns $318/mo cash flow from $2,329/mo rent with a $1,615/mo payment. Total monthly income totals $2,329/mo, and annual cash flow totals $3,816/yr on $109,395 capital. ROI tracks 23.4% on current figures, and rental yield reads 8.47% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 121.42% and total cumulative return in cash sums $132,827. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,329/mo property income instead of your personal income.
Single Family
Built in 2021
0.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28601, Hickory, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,555 (100%) |
| Owner Occupied HU | 15,015 (58.8%) |
| Renter Occupied HU | 8,486 (33.2%) |
| Vacant Housing Units | 2,054 ( 8.0%) |
| Median Home Value | $303,595 |
| Average Home Value | $360,678 |
Housing Distribution
Address Breakdown
Residential
24,340
Single Family
22,229
Multi-Family
2,111
Businesses
1,506
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Listed by: Christaphine Bob Ray • Call It Closed International Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4310112