45 Caboose CrkAndrewsNC28901
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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 Andrews at 45 Caboose Crk, Andrews, NC, 28901 generates $1,674/mo in rent, after a $1,415/mo payment. Total monthly income is $1,674/mo. Return on cash invested sits at 18.81% in year one, and rental yield is 6.95% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 96.86% and total cumulative return in cash sums $92,798. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,674/mo property income rather than buyer’s personal income.
Single Family
Built in 1933
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28901, Andrews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,005 (100%) |
| Owner Occupied HU | 1,686 (56.1%) |
| Renter Occupied HU | 624 (20.8%) |
| Vacant Housing Units | 695 (23.1%) |
| Median Home Value | $232,199 |
| Average Home Value | $249,720 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,785
Multi-Family
13
Businesses
249
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Listed by: Lynn Hushion • Hushion Realty Group
Mls Name: Mountain Lakes BOR
Mls ID: #152712