47344 Rocky Rollinson Rd LOT 1BuxtonNC27920
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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
Investment property for sale in Buxton at 47344 Rocky Rollinson Rd LOT 1, Buxton, NC, 27920 offers a 0% rental yield on a $759,000 purchase with $0/mo rent. 17% in year one. Equity gained on principal adds $4,898/yr while 5% annual appreciation supports $209,698 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $3,715/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2006
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27920, Buxton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,054 (100%) |
| Owner Occupied HU | 871 (42.4%) |
| Renter Occupied HU | 202 ( 9.8%) |
| Vacant Housing Units | 981 (47.8%) |
| Median Home Value | $427,033 |
| Average Home Value | $468,660 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
103
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Listed by: Liz Midgett • Midgett Realty - Avon
Mls Name: OBAR
Mls ID: #131536