2778 Mule Stomp RdHot SpringsNC28743
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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 Hot Springs at 2778 Mule Stomp Rd, Hot Springs, NC, 28743 listed at $599,900 pairs $3,359/mo rent with a $2,936/mo payment. Total monthly income runs $3,359/mo. Return on cash invested measures 18.26% in year one, and rental yield registers 6.72% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 93.84% and total cumulative return in cash totals $185,200. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,359/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
11.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28743, Hot Springs, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,447 (100%) |
| Owner Occupied HU | 758 (52.4%) |
| Renter Occupied HU | 230 (15.9%) |
| Vacant Housing Units | 459 (31.7%) |
| Median Home Value | $215,909 |
| Average Home Value | $249,667 |
Housing Distribution
Address Breakdown
Residential
1,048
Single Family
1,048
Multi-Family
0
Businesses
142
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Listed by: Thomas Peacock • Mossy Oak Properties Carolina Timber And Realty
Mls Name: Carolina Smokies MLS
Mls ID: #26043128