304 Main Ave WHildebranNC28637
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
Rental property for sale in Hildebran at 304 Main Ave W, Hildebran, NC, 28637 offers $1,217/mo rent that, after a $974/mo payment, leaves $4/mo cash flow. Total monthly income is $1,217/mo, and annual cash flow is $50/yr on $65,969 cash. Return on cash invested measures 19.99% in year one, and rental yield stands at 7.34% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 103.2% and total cumulative return in cash reaches $68,082. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,217/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28637, Hildebran, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 700 (100%) |
| Owner Occupied HU | 458 (65.4%) |
| Renter Occupied HU | 180 (25.7%) |
| Vacant Housing Units | 62 ( 8.9%) |
| Median Home Value | $230,723 |
| Average Home Value | $222,680 |
Housing Distribution
Address Breakdown
Residential
633
Single Family
633
Multi-Family
0
Businesses
181
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Listed by: Sandi Dingler • RE/MAX Legendary
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4272287