304 Main Ave WHildebranNC28637
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 304 Main Ave W, Hildebran, NC, 28637 in Hildebran at $199,000 earns $1,217/mo in rent and nets $4/mo after the $895/mo payment, a 7.34% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $54,980 over five years. Ziffy Mortgage underwrites this on a 1.36 DSCR without U.S. credit history. With $1,833/yr in principal paydown, total projected return reaches $75,690.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 6.2% |
| Monthly Cash Flow | $4 | $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 | $1,217 |
| Total Monthly Debt Service | $1,134 |
| DSCR Ratio | 1.07x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandi Dingler • RE/MAX Legendary
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4272287