314 Elk Creek Mountain ParkwayToddNC28684
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
Total monthly income runs $3,648/mo, and a $6,094/mo payment. Purchase price stands at $1,245,000, and rental yield measures 3.52% with $3,648/mo rent. Return on cash invested shows 8.65% in year one, and 5% annual appreciation builds toward $343,971 over five years. Five-year ROI reaches 42.23% and total cumulative return in cash records $170,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,648/mo property income covering a $6,094/mo payment rather than investor’s personal income.
Single Family
Built in 2008
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28684, Todd, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,571 (100%) |
| Owner Occupied HU | 701 (44.6%) |
| Renter Occupied HU | 138 ( 8.8%) |
| Vacant Housing Units | 732 (46.6%) |
| Median Home Value | $346,382 |
| Average Home Value | $436,238 |
Housing Distribution
Address Breakdown
Residential
1,026
Single Family
1,026
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea Reeves-Witherspoon • Regency Properties
Mls Name: High Country AOR
Mls ID: #256965