394 Flanagan RdHendersonNC27537
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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
Total monthly income runs $1,183/mo, and a $1,444/mo payment. Purchase price stands at $295,000, and rental yield measures 4.81% with $1,183/mo rent. Return on cash invested shows 12.36% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 62.24% and total cumulative return in cash records $60,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,183/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Manufactured
Built in 1973
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27537, Henderson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,944 (100%) |
| Owner Occupied HU | 6,840 (62.5%) |
| Renter Occupied HU | 2,756 (25.2%) |
| Vacant Housing Units | 1,348 (12.3%) |
| Median Home Value | $198,962 |
| Average Home Value | $253,341 |
Housing Distribution
Address Breakdown
Residential
9,933
Single Family
9,894
Multi-Family
39
Businesses
258
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Listed by: Stephanie C Hoyle • Country Knolls Realty Inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10104258
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.