40 Sagebrush CirEtowahNC28729
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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 Etowah at 40 Sagebrush Cir, Etowah, NC, 28729 uses $92,820 cash to close to unlock $12,648/yr annual cash flow and $1,054/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $1,370/mo payment keeps the spread at $1,054/mo. Purchase price stands at $280,000, and rental yield measures 11.83% with $2,760/mo rent. Return on cash invested shows 33.54% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 175.78% and total cumulative return in cash records $163,161. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28729, Etowah, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,518 (100%) |
| Owner Occupied HU | 1,220 (80.4%) |
| Renter Occupied HU | 158 (10.4%) |
| Vacant Housing Units | 140 ( 9.2%) |
| Median Home Value | $364,130 |
| Average Home Value | $533,121 |
Housing Distribution
Address Breakdown
Residential
1,285
Single Family
1,285
Multi-Family
0
Businesses
147
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Listed by: Shena Mintz • Howard Hanna Beverly-Hanks
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4313419