263 E Summerwood RdLittletonNC27850
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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 Littleton at 263 E Summerwood Rd, Littleton, NC, 27850 offers a 2.74% rental yield on a $1,198,000 purchase with $2,740/mo rent. 27% in year one. Equity gained on principal adds $7,731/yr while 5% annual appreciation supports $330,985 over five years. Portfolio math shows five-year ROI at 29.47% and total cumulative return in cash at $114,379. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,740/mo property income against a $5,864/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27850, Littleton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 2,639 (47.0%) |
| Renter Occupied HU | 635 (11.3%) |
| Vacant Housing Units | 2,337 (41.7%) |
| Median Home Value | $297,533 |
| Average Home Value | $376,077 |
Housing Distribution
Address Breakdown
Residential
4,102
Single Family
4,102
Multi-Family
0
Businesses
231
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Nearby investment properties with comparable prices
Listed by: Stephanie Gainey • The Pointe Realty Group (Littleton)
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139984
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.