368 Manuel RdMayodanNC27027
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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 Mayodan at 368 Manuel Rd, Mayodan, NC, 27027 offers $1,454/mo rent that, after a $1,664/mo payment. Total monthly income is $1,454/mo. Return on cash invested measures 13.33% in year one, and rental yield stands at 5.13% at a $339,900 entry. Equity gained on principal adds $2,193/yr while 5% annual appreciation compounds into $93,908 by year five. Five-year ROI records 67.47% and total cumulative return in cash reaches $76,019. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,454/mo property income versus a $1,664/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
8.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27027, Mayodan, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,198 (100%) |
| Owner Occupied HU | 1,277 (58.1%) |
| Renter Occupied HU | 717 (32.6%) |
| Vacant Housing Units | 204 ( 9.3%) |
| Median Home Value | $159,226 |
| Average Home Value | $198,747 |
Housing Distribution
Address Breakdown
Residential
1,979
Single Family
1,797
Multi-Family
182
Businesses
153
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Listed by: Memory Roberts • Century 21 Total Real Estate Solutions, LLC
Mls Name: Triad MLS
Mls ID: #1191889