4445 Mecum RdWalkertownNC27051
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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 Walkertown at 4445 Mecum Rd, Walkertown, NC, 27051 generates $2,058/mo in rent and, after a $1,077/mo payment, leaves $717/mo in cash flow. Total monthly income is $2,058/mo, and annual cash flow is $8,604/yr on $72,930 invested. Return on cash invested sits at 31.71% in year one, and rental yield is 11.23% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 165.99% and total cumulative return in cash sums $121,055. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,058/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27051, Walkertown, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,817 (100%) |
| Owner Occupied HU | 2,816 (73.8%) |
| Renter Occupied HU | 724 (19.0%) |
| Vacant Housing Units | 277 ( 7.3%) |
| Median Home Value | $269,930 |
| Average Home Value | $300,194 |
Housing Distribution
Address Breakdown
Residential
3,669
Single Family
3,589
Multi-Family
80
Businesses
219
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Listed by: Tarra Ellis • NorthGroup Real Estate
Mls Name: Triad MLS
Mls ID: #1196997