302 Ponderosa RdStanleyNC28164
Nearby investment properties with comparable rents
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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 Stanley at 302 Ponderosa Rd, Stanley, NC, 28164 priced at $165,000 converts $1,299/mo rent into $293/mo cash flow after a $808/mo obligation. Total monthly income equals $1,299/mo, and annual cash flow totals $3,516/yr on $54,698 invested. Return on cash invested prints 26.34% in year one, and rental yield reads 9.45% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 137.18% and total cumulative return in cash sums $75,035. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,299/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28164, Stanley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,790 (100%) |
| Owner Occupied HU | 5,220 (76.9%) |
| Renter Occupied HU | 1,257 (18.5%) |
| Vacant Housing Units | 313 ( 4.6%) |
| Median Home Value | $351,924 |
| Average Home Value | $372,055 |
Housing Distribution
Address Breakdown
Residential
6,306
Single Family
6,272
Multi-Family
34
Businesses
340
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Listed by: Brooke Lyerly • Marc 1 Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4330519