297 Kimball Point RdMansonNC27553
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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
Rental property for sale in Manson at 297 Kimball Point Rd, Manson, NC, 27553 offers $2,083/mo rent that, after a $3,181/mo payment. Total monthly income is $2,083/mo. Return on cash invested measures 9.52% in year one, and rental yield stands at 3.85% at a $650,000 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,583 by year five. Five-year ROI records 46.97% and total cumulative return in cash reaches $100,442. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,083/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27553, Manson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,033 (100%) |
| Owner Occupied HU | 568 (55.0%) |
| Renter Occupied HU | 192 (18.6%) |
| Vacant Housing Units | 273 (26.4%) |
| Median Home Value | $256,557 |
| Average Home Value | $305,273 |
Housing Distribution
Address Breakdown
Residential
963
Single Family
963
Multi-Family
0
Businesses
35
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Listed by: Sharon Moore Howard • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10102786
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.