488 MEADOW VIEW RoadGlade ValleyNC28627
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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 Glade Valley at 488 MEADOW VIEW Road, Glade Valley, NC, 28627 priced at $479,500 pairs $1,952/mo rent with after a $2,347/mo payment. Total monthly income equals $1,952/mo. Return on cash invested is 12.58% in year one, and rental yield stands at 4.89% on a $479,500 basis. Equity gained on principal adds $3,094/yr, and 5% annual appreciation accumulates to $132,477 by year five. Five-year ROI measures 63.43% and total cumulative return in cash reaches $100,828. For financing, Ziffy Mortgage’s DSCR program evaluates $1,952/mo property income against a $2,347/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28627, Glade Valley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,626 (100%) |
| Owner Occupied HU | 620 (38.1%) |
| Renter Occupied HU | 129 ( 7.9%) |
| Vacant Housing Units | 877 (53.9%) |
| Median Home Value | $246,491 |
| Average Home Value | $411,948 |
Housing Distribution
Address Breakdown
Residential
706
Single Family
706
Multi-Family
0
Businesses
15
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Listed by: RANDY MILES • Mountain Dreams Realty
Mls Name: High Country AOR
Mls Provider:
Mls ID: #254172
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.