42 Wild Magnolia WayZirconiaNC28790
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Zirconia at 42 Wild Magnolia Way, Zirconia, NC, 28790 offers $5,958/mo rent that, after a $7,317/mo payment. Total monthly income is $5,958/mo. Return on cash invested measures 12.56% in year one, and rental yield stands at 4.78% at a $1,495,000 entry. Equity gained on principal adds $9,647/yr while 5% annual appreciation compounds into $413,041 by year five. Five-year ROI records 63.2% and total cumulative return in cash reaches $306,109. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,958/mo property income versus a $7,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28790, Zirconia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,731 (100%) |
| Owner Occupied HU | 1,158 (66.9%) |
| Renter Occupied HU | 205 (11.8%) |
| Vacant Housing Units | 368 (21.3%) |
| Median Home Value | $523,188 |
| Average Home Value | $722,878 |
Housing Distribution
Address Breakdown
Residential
1,379
Single Family
1,379
Multi-Family
0
Businesses
52
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Listed by: Damian Hall • Blackstream International RE
Mls Name: Greater Greenville AOR
Mls ID: #1579373