3603 Greenmeadow CtTobaccovilleNC27050
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Tobaccoville at 3603 Greenmeadow Ct, Tobaccoville, NC, 27050 earns $646/mo cash flow from $1,981/mo rent with a $1,072/mo payment. Total monthly income totals $1,981/mo, and annual cash flow totals $7,754/yr on $72,599 capital. ROI tracks 30.59% on current figures, and rental yield reads 10.85% at a $219,000 purchase. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,506 over five years. Five-year ROI reaches 160.03% and total cumulative return in cash sums $116,181. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,981/mo property income instead of your personal income.
Single Family
Built in 1983
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27050, Tobaccoville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,782 (100%) |
| Owner Occupied HU | 1,431 (80.3%) |
| Renter Occupied HU | 249 (14.0%) |
| Vacant Housing Units | 102 ( 5.7%) |
| Median Home Value | $294,939 |
| Average Home Value | $333,001 |
Housing Distribution
Address Breakdown
Residential
1,679
Single Family
1,679
Multi-Family
0
Businesses
65
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Listed by: Nadia Avery • Mark Spain Real Estate
Mls Name: Triad MLS
Mls ID: #1189520