438 N Hickory StAngierNC27501
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
Investment property for sale in Angier at 438 N Hickory St, Angier, NC, 27501 with 5% annual appreciation on a $305,000 basis while $2,174/mo rent supports operations. Total monthly income totals $2,174/mo and a $1,493/mo payment preserves $315/mo for cash returns. Annual cash flow comes to $3,780/yr on $101,108 deployed, and return on cash invested reaches 23.65% in year one. Equity gained on principal adds $1,968/yr, and five-year appreciation sums $84,266 alongside rental yield of 8.55%. Five-year ROI measures 122.75% and total cumulative return in cash totals $124,114.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,174/mo property income versus a $1,493/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27501, Angier, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,569 (100%) |
| Owner Occupied HU | 7,115 (74.4%) |
| Renter Occupied HU | 1,944 (20.3%) |
| Vacant Housing Units | 510 ( 5.3%) |
| Median Home Value | $342,992 |
| Average Home Value | $353,137 |
Housing Distribution
Address Breakdown
Residential
9,345
Single Family
9,313
Multi-Family
32
Businesses
492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Jacoby • Log Pond Realty, LLC
Mls Name: Doorify MLS
Mls ID: #10135191