332 Legion RdHudsonNC28638
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 Hudson at 332 Legion Rd, Hudson, NC, 28638 offers $1,100/mo rent that, after a $727/mo payment, leaves $195/mo cash flow. Total monthly income is $1,100/mo, and annual cash flow is $2,338/yr on $49,228 cash. Return on cash invested measures 24.66% in year one, and rental yield stands at 8.89% at a $148,500 entry. Equity gained on principal adds $958/yr while 5% annual appreciation compounds into $41,028 by year five. Five-year ROI records 128.2% and total cumulative return in cash reaches $63,111. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,100/mo property income versus a $727/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28638, Hudson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,477 (100%) |
| Owner Occupied HU | 3,555 (64.9%) |
| Renter Occupied HU | 1,565 (28.6%) |
| Vacant Housing Units | 357 ( 6.5%) |
| Median Home Value | $221,870 |
| Average Home Value | $251,869 |
Housing Distribution
Address Breakdown
Residential
5,166
Single Family
5,086
Multi-Family
80
Businesses
362
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Listed by: Kevin Cervantes • Coldwell Banker Boyd & Hassell
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4335700