345 Lower Switch Back RdUnion MillsNC28167
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 345 Lower Switch Back Rd, Union Mills, NC, 28167 in Union Mills is capital appreciation. Rental yield 0%. The 0% gross yield at $524,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $144,772 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 2002
5.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28167, Union Mills, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,327 (100%) |
| Owner Occupied HU | 916 (69.0%) |
| Renter Occupied HU | 171 (12.9%) |
| Vacant Housing Units | 240 (18.1%) |
| Median Home Value | $320,000 |
| Average Home Value | $419,132 |
Housing Distribution
Address Breakdown
Residential
1,291
Single Family
1,291
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 2002
5.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28167, Union Mills, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,327 (100%) |
| Owner Occupied HU | 916 (69.0%) |
| Renter Occupied HU | 171 (12.9%) |
| Vacant Housing Units | 240 (18.1%) |
| Median Home Value | $320,000 |
| Average Home Value | $419,132 |
Housing Distribution
Address Breakdown
Residential
1,291
Single Family
1,291
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4356229