333 Sand Castle DrNeboNC28761
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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 Nebo at 333 Sand Castle Dr, Nebo, NC, 28761 with 5% annual appreciation on a $497,000 basis while $2,338/mo rent supports operations. 87% in year one. Equity gained on principal adds $3,207/yr, and five-year appreciation sums $137,312 alongside rental yield of 5.65%. Five-year ROI measures 75.72% and total cumulative return in cash totals $124,754. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,338/mo property income versus a $2,433/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
10.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28761, Nebo, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,457 (100%) |
| Owner Occupied HU | 2,949 (66.2%) |
| Renter Occupied HU | 664 (14.9%) |
| Vacant Housing Units | 844 (18.9%) |
| Median Home Value | $249,932 |
| Average Home Value | $339,791 |
Housing Distribution
Address Breakdown
Residential
4,033
Single Family
4,033
Multi-Family
0
Businesses
117
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Listed by: Cecilia Reel • Mountain Lake Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4308434