377 Birch Circle DriveHudsonNC28638
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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 Hudson at 377 Birch Circle Drive, Hudson, NC, 28638 priced at $459,000 converts $2,497/mo rent into after a $2,247/mo obligation. Total monthly income equals $2,497/mo. Return on cash invested prints 17.54% in year one, and rental yield reads 6.53% against a $459,000 entry. Equity gained on principal adds $2,962/yr, while 5% annual appreciation compiles into $126,813 by year five. Five-year ROI reaches 90.01% and total cumulative return in cash sums $136,955. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,497/mo property income covering a $2,247/mo payment, not borrower’s personal income.
Single Family
Built in 1993
2.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28638, Hudson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,477 (100%) |
| Owner Occupied HU | 3,555 (64.9%) |
| Renter Occupied HU | 1,565 (28.6%) |
| Vacant Housing Units | 357 ( 6.5%) |
| Median Home Value | $221,870 |
| Average Home Value | $251,869 |
Housing Distribution
Address Breakdown
Residential
5,166
Single Family
5,086
Multi-Family
80
Businesses
362
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Listed by: Lisa Starnes • Baker Realty
Mls Name: High Country AOR
Mls Provider:
Mls ID: #256051
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.