415 Shady Grove RdTuckasegeeNC28783
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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 Tuckasegee at 415 Shady Grove Rd, Tuckasegee, NC, 28783 priced at $1,650,000 converts $3,894/mo rent into after a $8,076/mo obligation. Total monthly income equals $3,894/mo. Return on cash invested prints 6.54% in year one, and rental yield reads 2.83% against a $1,650,000 entry. Equity gained on principal adds $10,647/yr, while 5% annual appreciation compiles into $455,865 by year five. Five-year ROI reaches 30.91% and total cumulative return in cash sums $165,233. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,894/mo property income covering a $8,076/mo payment, not borrower’s personal income.
Single Family
Built in 2006
77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28783, Tuckasegee, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,253 (100%) |
| Owner Occupied HU | 561 (44.8%) |
| Renter Occupied HU | 137 (10.9%) |
| Vacant Housing Units | 555 (44.3%) |
| Median Home Value | $293,182 |
| Average Home Value | $346,849 |
Housing Distribution
Address Breakdown
Residential
521
Single Family
521
Multi-Family
0
Businesses
37
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Nearby investment properties with comparable prices
Listed by: Collin O'Berry • Keller Williams Professionals
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4293970