342 Hookers Gap RdCandlerNC28715
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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
Rental property for sale in Candler at 342 Hookers Gap Rd, Candler, NC, 28715 priced at $310,000 pairs $2,725/mo rent with $836/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,725/mo, and annual cash flow comes to $10,032/yr on $102,765 invested. Return on cash invested is 29.67% in year one, and rental yield stands at 10.55% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 155.04% and total cumulative return in cash reaches $159,331. For financing, Ziffy Mortgage’s DSCR program evaluates $2,725/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28715, Candler, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,024 (100%) |
| Owner Occupied HU | 8,674 (66.6%) |
| Renter Occupied HU | 3,160 (24.3%) |
| Vacant Housing Units | 1,190 ( 9.1%) |
| Median Home Value | $395,567 |
| Average Home Value | $477,276 |
Housing Distribution
Address Breakdown
Residential
12,504
Single Family
12,494
Multi-Family
10
Businesses
514
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Listed by: Allen Brasington • DRG Homes & Land
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4334689