2855 Wildwood StreetHudsonNC28638
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
Investment property for sale in Hudson at 2855 Wildwood Street, Hudson, NC, 28638 offers a 8.65% rental yield on a $279,900 purchase with $2,018/mo rent. Total monthly income registers $2,018/mo, and a $1,370/mo payment leaves $312/mo available for distribution. Annual cash flow reaches $3,745/yr on $92,787 to close, and return on cash invested stands at 23.95% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 124.42% and total cumulative return in cash at $115,441. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,018/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28638, Hudson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,477 (100%) |
| Owner Occupied HU | 3,555 (64.9%) |
| Renter Occupied HU | 1,565 (28.6%) |
| Vacant Housing Units | 357 ( 6.5%) |
| Median Home Value | $221,870 |
| Average Home Value | $251,869 |
Housing Distribution
Address Breakdown
Residential
5,166
Single Family
5,086
Multi-Family
80
Businesses
362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brenda Blankenship • Five Stone Real Estate, LLC
Mls Name: High Country AOR
Mls ID: #259155