5002 Momeyer WayNashvilleNC27856
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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 Nashville at 5002 Momeyer Way, Nashville, NC, 27856 offers a 9.92% rental yield on a $285,000 purchase with $2,357/mo rent. Total monthly income registers $2,357/mo, and a $1,395/mo payment leaves $620/mo available for distribution. Annual cash flow reaches $7,440/yr on $94,478 to close, and return on cash invested stands at 27.78% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 144.93% and total cumulative return in cash at $136,926. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,357/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
1.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27856, Nashville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,695 (100%) |
| Owner Occupied HU | 5,018 (65.2%) |
| Renter Occupied HU | 2,018 (26.2%) |
| Vacant Housing Units | 659 ( 8.6%) |
| Median Home Value | $243,683 |
| Average Home Value | $258,911 |
Housing Distribution
Address Breakdown
Residential
7,389
Single Family
7,317
Multi-Family
72
Businesses
429
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Listed by: Julia Cowlbeck • Long & Foster Real Estate INC/Raleigh
Mls Name: Doorify MLS
Mls ID: #10110253