329 Ewbank RdEtowahNC28729
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
Investment property for sale in Etowah at 329 Ewbank Rd, Etowah, NC, 28729 earns $115/mo cash flow from $2,644/mo rent with a $2,031/mo payment. Total monthly income totals $2,644/mo, and annual cash flow totals $1,380/yr on $137,573 capital. ROI tracks 20.91% on current figures, and rental yield reads 7.65% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 108.08% and total cumulative return in cash sums $148,689. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,644/mo property income instead of your personal income.
Single Family
Built in 2016
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28729, Etowah, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,518 (100%) |
| Owner Occupied HU | 1,220 (80.4%) |
| Renter Occupied HU | 158 (10.4%) |
| Vacant Housing Units | 140 ( 9.2%) |
| Median Home Value | $364,130 |
| Average Home Value | $533,121 |
Housing Distribution
Address Breakdown
Residential
1,285
Single Family
1,285
Multi-Family
0
Businesses
147
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Listed by: Sharon Sweeney • Walnut Cove Realty/Allen Tate/Beverly-Hanks
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4276490