3103 State Highway 731 ECandorNC27229
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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
Investment property for sale in Candor at 3103 State Highway 731 E, Candor, NC, 27229 offers a 4.43% rental yield on a $329,900 purchase with $1,218/mo rent. 21% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 56.11% and total cumulative return in cash at $61,359. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,218/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
7.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27229, Candor, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,541 (100%) |
| Owner Occupied HU | 943 (61.2%) |
| Renter Occupied HU | 344 (22.3%) |
| Vacant Housing Units | 254 (16.5%) |
| Median Home Value | $163,262 |
| Average Home Value | $246,275 |
Housing Distribution
Address Breakdown
Residential
1,061
Single Family
1,061
Multi-Family
0
Businesses
89
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Listed by: Trisha Mabe • TNT Properties, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4332449