3456 Wade Stedman RdWadeNC28395
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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 Wade at 3456 Wade Stedman Rd, Wade, NC, 28395 listed at $499,900 pairs $1,909/mo rent with a $2,447/mo payment. Total monthly income runs $1,909/mo. Return on cash invested measures 11.67% in year one, and rental yield registers 4.58% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 58.56% and total cumulative return in cash totals $97,044. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,909/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
15.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28395, Wade, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,143 (100%) |
| Owner Occupied HU | 796 (69.6%) |
| Renter Occupied HU | 175 (15.3%) |
| Vacant Housing Units | 172 (15.0%) |
| Median Home Value | $297,692 |
| Average Home Value | $316,913 |
Housing Distribution
Address Breakdown
Residential
1,088
Single Family
1,088
Multi-Family
0
Businesses
69
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Listed by: SASQUATCH REAL ESTATE TEAM • SASQUATCH REAL ESTATE TEAM
Mls Name: LPRMLS
Mls ID: #749114