440 Stone Chimney Rd SWSupplyNC28462
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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
Rental property for sale in Supply at 440 Stone Chimney Rd SW, Supply, NC, 28462 priced at $275,000 converts $2,162/mo rent into $486/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,162/mo, and annual cash flow totals $5,832/yr on $91,163 invested. Return on cash invested prints 26.31% in year one, and rental yield reads 9.43% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 137.02% and total cumulative return in cash sums $124,907. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,162/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28462, Supply, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,489 (100%) |
| Owner Occupied HU | 5,220 (41.8%) |
| Renter Occupied HU | 1,286 (10.3%) |
| Vacant Housing Units | 5,983 (47.9%) |
| Median Home Value | $313,882 |
| Average Home Value | $390,268 |
Housing Distribution
Address Breakdown
Residential
8,202
Single Family
8,194
Multi-Family
8
Businesses
381
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Listed by: Andrew D Peterson • Northrop Realty
Mls Name: Long & Foster Broker Feed
Mls ID: #100522935