440/442 Quebec RdColerainNC27924
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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 Colerain at 440/442 Quebec Rd, Colerain, NC, 27924 earns $1,044/mo cash flow from $3,232/mo rent with a $1,757/mo payment. Total monthly income totals $3,232/mo, and annual cash flow totals $12,530/yr on $119,009 capital. ROI tracks 30.44% on current figures, and rental yield reads 10.8% at a $359,000 purchase. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,185 over five years. Five-year ROI reaches 159.2% and total cumulative return in cash sums $189,463. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,232/mo property income instead of your personal income.
Single Family
Built in 2007
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27924, Colerain, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,461 (100%) |
| Owner Occupied HU | 884 (60.5%) |
| Renter Occupied HU | 261 (17.9%) |
| Vacant Housing Units | 316 (21.6%) |
| Median Home Value | $157,927 |
| Average Home Value | $225,223 |
Housing Distribution
Address Breakdown
Residential
1,189
Single Family
1,189
Multi-Family
0
Businesses
45
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Listed by: Clyde Everette, Jr. • Anthony Realty, LLC
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #136667
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.