317 Wick RdStemNC27581
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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
Investment property for sale in Stem at 317 Wick Rd, Stem, NC, 27581 offers a 8.04% rental yield on a $307,000 purchase with $2,058/mo rent. Total monthly income registers $2,058/mo, and a $1,503/mo payment leaves $187/mo available for distribution. Annual cash flow reaches $2,239/yr on $101,771 to close, and return on cash invested stands at 22.11% in year one. Equity gained on principal adds $1,981/yr while 5% annual appreciation supports $84,818 over five years. Portfolio math shows five-year ROI at 114.54% and total cumulative return in cash at $116,570. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,058/mo property income against a $1,503/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27581, Stem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,621 (100%) |
| Owner Occupied HU | 1,355 (83.6%) |
| Renter Occupied HU | 188 (11.6%) |
| Vacant Housing Units | 78 ( 4.8%) |
| Median Home Value | $245,877 |
| Average Home Value | $293,303 |
Housing Distribution
Address Breakdown
Residential
1,500
Single Family
1,490
Multi-Family
10
Businesses
36
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Listed by: Randy Boss • Trammel Brothers Inc.
Mls Name: Doorify MLS
Mls ID: #10120386