296 Buckwheat RdMc GradyNC28649
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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 Mc Grady at 296 Buckwheat Rd, Mc Grady, NC, 28649 earns $176/mo cash flow from $871/mo rent with a $558/mo payment. Total monthly income totals $871/mo, and annual cash flow totals $2,114/yr on $37,791 capital. ROI tracks 25.5% on current figures, and rental yield reads 9.17% at a $114,000 purchase. Equity gained on principal adds $736/yr, and 5% annual appreciation supports $31,496 over five years. Five-year ROI reaches 132.81% and total cumulative return in cash sums $50,191. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $871/mo property income instead of your personal income.
Manufactured
Built in 1996
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28649, Mc Grady, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 442 (100%) |
| Owner Occupied HU | 307 (69.5%) |
| Renter Occupied HU | 77 (17.4%) |
| Vacant Housing Units | 58 (13.1%) |
| Median Home Value | $216,176 |
| Average Home Value | $253,404 |
Housing Distribution
Address Breakdown
Residential
348
Single Family
348
Multi-Family
0
Businesses
5
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Listed by: Tamara Fracassi • Fracassi Real Estate
Mls Name: Triad MLS
Mls ID: #1200565