459 Edwards RdEnniceNC28623
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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 Ennice at 459 Edwards Rd, Ennice, NC, 28623 priced at $569,000 pairs $1,946/mo rent with after a $2,785/mo payment. Total monthly income equals $1,946/mo. Return on cash invested is 10.31% in year one, and rental yield stands at 4.1% on a $569,000 basis. Equity gained on principal adds $3,672/yr, and 5% annual appreciation accumulates to $157,204 by year five. Five-year ROI measures 51.2% and total cumulative return in cash reaches $95,855. For financing, Ziffy Mortgage’s DSCR program evaluates $1,946/mo property income against a $2,785/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
9.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28623, Ennice, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,047 (100%) |
| Owner Occupied HU | 584 (55.8%) |
| Renter Occupied HU | 135 (12.9%) |
| Vacant Housing Units | 328 (31.3%) |
| Median Home Value | $302,791 |
| Average Home Value | $280,355 |
Housing Distribution
Address Breakdown
Residential
834
Single Family
834
Multi-Family
0
Businesses
30
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Listed by: Mark Hawks • Kyle Realty, Inc.
Mls Name: High Country AOR
Mls Provider:
Mls ID: #257324
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.