340 Ellis Mountain RdMc GradyNC28649
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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
Total monthly income runs $0/mo, and a $954/mo payment. Purchase price stands at $195,000, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -2.14% in year one, and 5% annual appreciation builds toward $53,875 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1967
5.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28649, Mc Grady, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 442 (100%) |
| Owner Occupied HU | 307 (69.5%) |
| Renter Occupied HU | 77 (17.4%) |
| Vacant Housing Units | 58 (13.1%) |
| Median Home Value | $216,176 |
| Average Home Value | $253,404 |
Housing Distribution
Address Breakdown
Residential
348
Single Family
348
Multi-Family
0
Businesses
5
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Listed by: Amy Michelle Settle • Realty One Group Results
Mls Name: Triad MLS
Mls ID: #1199681