4675 General Howe RoadRiegelwoodNC28456
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 4675 General Howe Road, Riegelwood, NC, 28456 in Riegelwood: $1,772/mo in rent, $554/mo net, 10.63% gross yield, all on a $199,999 acquisition. The 1.97 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $55,256 in value, and $1,842/yr in principal paydown steadily builds equity. Projected total cumulative return: $111,358.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $554 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,772 |
| Total Monthly Debt Service | $1,139 |
| DSCR Ratio | 1.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1998
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28456, Riegelwood, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,572 (100%) |
| Owner Occupied HU | 1,109 (70.5%) |
| Renter Occupied HU | 270 (17.2%) |
| Vacant Housing Units | 193 (12.3%) |
| Median Home Value | $211,493 |
| Average Home Value | $225,679 |
Housing Distribution
Address Breakdown
Residential
1,517
Single Family
1,517
Multi-Family
0
Businesses
86
Nearby investment properties with comparable rents
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
Manufactured
Built in 1998
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28456, Riegelwood, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,572 (100%) |
| Owner Occupied HU | 1,109 (70.5%) |
| Renter Occupied HU | 270 (17.2%) |
| Vacant Housing Units | 193 (12.3%) |
| Median Home Value | $211,493 |
| Average Home Value | $225,679 |
Housing Distribution
Address Breakdown
Residential
1,517
Single Family
1,517
Multi-Family
0
Businesses
86
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julio A Fuentes • Berkshire Hathaway HomeServices Carolina Premier Properties
Mls Name: Hive MLS
Mls ID: #100550219