425 Little Brushy Mountain RdWilkesboroNC28697
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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 Wilkesboro at 425 Little Brushy Mountain Rd, Wilkesboro, NC, 28697 with 5% annual appreciation on a $190,000 basis while $1,510/mo rent supports operations. Total monthly income totals $1,510/mo and a $930/mo payment preserves $352/mo for cash returns. Annual cash flow comes to $4,224/yr on $62,985 deployed, and return on cash invested reaches 26.62% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,494 alongside rental yield of 9.54%. Five-year ROI measures 138.68% and total cumulative return in cash totals $87,348.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,510/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1993
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28697, Wilkesboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,037 (100%) |
| Owner Occupied HU | 3,811 (63.1%) |
| Renter Occupied HU | 1,587 (26.3%) |
| Vacant Housing Units | 639 (10.6%) |
| Median Home Value | $249,953 |
| Average Home Value | $280,346 |
Housing Distribution
Address Breakdown
Residential
5,634
Single Family
5,365
Multi-Family
269
Businesses
693
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Listed by: Tabitha Goforth • eXp Realty
Mls Name: Triad MLS
Mls ID: #1191680