340 Walls Mill RdAuroraNC27806
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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 Aurora at 340 Walls Mill Rd, Aurora, NC, 27806 with 5% annual appreciation on a $219,000 basis while $1,578/mo rent supports operations. Total monthly income totals $1,578/mo and a $1,072/mo payment preserves $243/mo for cash returns. Annual cash flow comes to $2,918/yr on $72,599 deployed, and return on cash invested reaches 23.93% in year one. Equity gained on principal adds $1,413/yr, and five-year appreciation sums $60,506 alongside rental yield of 8.65%. Five-year ROI measures 124.33% and total cumulative return in cash totals $90,261.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,578/mo property income versus a $1,072/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27806, Aurora, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,267 (100%) |
| Owner Occupied HU | 656 (51.8%) |
| Renter Occupied HU | 201 (15.9%) |
| Vacant Housing Units | 410 (32.4%) |
| Median Home Value | $123,986 |
| Average Home Value | $160,427 |
Housing Distribution
Address Breakdown
Residential
895
Single Family
895
Multi-Family
0
Businesses
68
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