47 Integrity Mountain RdOttoNC28763
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
Investment Highlights
Rental property for sale in Otto at 47 Integrity Mountain Rd, Otto, NC, 28763 priced at $185,000 pairs $2,586/mo rent with $1,459/mo cash flow after a $905/mo payment. Total monthly income equals $2,586/mo, and annual cash flow comes to $17,508/yr on $61,328 invested. Return on cash invested is 48.46% in year one, and rental yield stands at 16.77% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 255.78% and total cumulative return in cash reaches $156,867. For financing, Ziffy Mortgage’s DSCR program evaluates $2,586/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2004
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28763, Otto, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,861 (100%) |
| Owner Occupied HU | 1,033 (55.5%) |
| Renter Occupied HU | 235 (12.6%) |
| Vacant Housing Units | 593 (31.9%) |
| Median Home Value | $313,722 |
| Average Home Value | $369,727 |
Housing Distribution
Address Breakdown
Residential
1,345
Single Family
1,345
Multi-Family
0
Businesses
73
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Nearby investment properties with comparable prices
Listed by: Greg Christner • Coldwell Banker Advantage
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4316123