271 Wiggins RdCandlerNC28715
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
Rental property for sale in Candler at 271 Wiggins Rd, Candler, NC, 28715 offers $2,065/mo rent that, after a $1,615/mo payment, leaves $54/mo cash flow. Total monthly income is $2,065/mo, and annual cash flow is $649/yr on $109,362 cash. Return on cash invested measures 20.5% in year one, and rental yield stands at 7.51% at a $329,900 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,145 by year five. Five-year ROI records 105.94% and total cumulative return in cash reaches $115,863. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,065/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28715, Candler, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,024 (100%) |
| Owner Occupied HU | 8,674 (66.6%) |
| Renter Occupied HU | 3,160 (24.3%) |
| Vacant Housing Units | 1,190 ( 9.1%) |
| Median Home Value | $395,567 |
| Average Home Value | $477,276 |
Housing Distribution
Address Breakdown
Residential
12,504
Single Family
12,494
Multi-Family
10
Businesses
514
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Listed by: Anthony Dufrene • Anthony Dufrene
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4334996