432 Hobbsville RoadHobbsvilleNC27946
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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 Hobbsville at 432 Hobbsville Road, Hobbsville, NC, 27946 earns $385/mo cash flow from $1,716/mo rent with a $1,069/mo payment. Total monthly income totals $1,716/mo, and annual cash flow totals $4,618/yr on $72,433 capital. ROI tracks 26.28% on current figures, and rental yield reads 9.42% at a $218,500 purchase. Equity gained on principal adds $1,410/yr, and 5% annual appreciation supports $60,368 over five years. Five-year ROI reaches 136.91% and total cumulative return in cash sums $99,164. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,716/mo property income instead of your personal income.
Single Family
Built in 1954
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27946, Hobbsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 433 (100%) |
| Owner Occupied HU | 315 (72.7%) |
| Renter Occupied HU | 60 (13.9%) |
| Vacant Housing Units | 58 (13.4%) |
| Median Home Value | $215,441 |
| Average Home Value | $256,198 |
Housing Distribution
Address Breakdown
Residential
467
Single Family
467
Multi-Family
0
Businesses
13
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Listed by: Beverly Morris • United Country Forbes Realty & Auctions LLC
Mls Name: Hive MLS
Mls ID: #100525060