302 Nottingham WayWadesboroNC28170
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 302 Nottingham Way, Wadesboro, NC, 28170 in Wadesboro earns a 8.86% gross yield at $335,000. Rent of $2,473/mo nets $432/mo after the $1,506/mo mortgage. The 1.64 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $92,554 and $3,085/yr in equity accumulation project a total cumulative return of $154,669.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.2% |
| Monthly Cash Flow | $432 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,473 |
| Total Monthly Debt Service | $1,908 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1980
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28170, Wadesboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,014 (100%) |
| Owner Occupied HU | 2,799 (55.8%) |
| Renter Occupied HU | 1,545 (30.8%) |
| Vacant Housing Units | 670 (13.4%) |
| Median Home Value | $115,666 |
| Average Home Value | $156,860 |
Housing Distribution
Address Breakdown
Residential
4,543
Single Family
4,518
Multi-Family
25
Businesses
559
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
Single Family
Built in 1980
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28170, Wadesboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,014 (100%) |
| Owner Occupied HU | 2,799 (55.8%) |
| Renter Occupied HU | 1,545 (30.8%) |
| Vacant Housing Units | 670 (13.4%) |
| Median Home Value | $115,666 |
| Average Home Value | $156,860 |
Housing Distribution
Address Breakdown
Residential
4,543
Single Family
4,518
Multi-Family
25
Businesses
559
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Elrod • Keller Williams Ballantyne Area
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4316786