33145 Us Highway 264EngelhardNC27824
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
Rental property for sale in Engelhard at 33145 Us Highway 264, Engelhard, NC, 27824 generates $1,418/mo in rent and, after a $783/mo payment, leaves $443/mo in cash flow. Total monthly income is $1,418/mo, and annual cash flow is $5,316/yr on $53,040 invested. Return on cash invested sits at 29.93% in year one, and rental yield is 10.63% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 156.45% and total cumulative return in cash sums $82,982. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,418/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27824, Engelhard, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 803 (100%) |
| Owner Occupied HU | 387 (48.2%) |
| Renter Occupied HU | 164 (20.4%) |
| Vacant Housing Units | 252 (31.4%) |
| Median Home Value | $131,855 |
| Average Home Value | $158,850 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
397
Multi-Family
16
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Lawrence • Trillionaire Realty
Mls Name: Hive MLS
Mls ID: #100551582