2627 McCallum RdCandorNC27229
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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 Candor at 2627 McCallum Rd, Candor, NC, 27229 offers a 9.51% rental yield on a $125,000 purchase with $991/mo rent. Total monthly income registers $991/mo, and a $612/mo payment leaves $229/mo available for distribution. Annual cash flow reaches $2,748/yr on $41,438 to close, and return on cash invested stands at 26.54% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 138.29% and total cumulative return in cash at $57,305. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $991/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1969
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27229, Candor, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,541 (100%) |
| Owner Occupied HU | 943 (61.2%) |
| Renter Occupied HU | 344 (22.3%) |
| Vacant Housing Units | 254 (16.5%) |
| Median Home Value | $163,262 |
| Average Home Value | $246,275 |
Housing Distribution
Address Breakdown
Residential
1,061
Single Family
1,061
Multi-Family
0
Businesses
89
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Listed by: Amanda Cody • Hometown Realty Pros
Mls Name: Triad MLS
Mls ID: #1203082