44 Bickford AveTryonNC28782
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 Tryon at 44 Bickford Ave, Tryon, NC, 28782 priced at $659,000 converts $4,346/mo rent into $330/mo cash flow after a $3,225/mo obligation. Total monthly income equals $4,346/mo, and annual cash flow totals $3,962/yr on $216,811 invested. Return on cash invested prints 21.89% in year one, and rental yield reads 7.91% against a $659,000 entry. Equity gained on principal adds $4,252/yr, while 5% annual appreciation compiles into $182,070 by year five. Five-year ROI reaches 113.31% and total cumulative return in cash sums $245,659. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,346/mo property income covering a $3,225/mo payment, not borrower’s personal income.
Single Family
Built in 1890
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28782, Tryon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,533 (100%) |
| Owner Occupied HU | 2,164 (61.3%) |
| Renter Occupied HU | 699 (19.8%) |
| Vacant Housing Units | 670 (19.0%) |
| Median Home Value | $417,073 |
| Average Home Value | $467,884 |
Housing Distribution
Address Breakdown
Residential
3,199
Single Family
3,165
Multi-Family
34
Businesses
332
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vinessa Hyder • Gateway Realty
Mls Name: Greater Greenville AOR
Mls ID: #1578104