5049 W Hornes Church RdBaileyNC27807
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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 Bailey at 5049 W Hornes Church Rd, Bailey, NC, 27807 earns $302/mo cash flow from $1,795/mo rent with a $1,199/mo payment. Total monthly income totals $1,795/mo, and annual cash flow totals $3,625/yr on $81,184 capital. ROI tracks 24.37% on current figures, and rental yield reads 8.8% at a $244,900 purchase. Equity gained on principal adds $1,580/yr, and 5% annual appreciation supports $67,661 over five years. Five-year ROI reaches 126.72% and total cumulative return in cash sums $102,881. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,795/mo property income instead of your personal income.
Manufactured
Built in 1987
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27807, Bailey, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,944 (100%) |
| Owner Occupied HU | 1,996 (67.8%) |
| Renter Occupied HU | 712 (24.2%) |
| Vacant Housing Units | 236 ( 8.0%) |
| Median Home Value | $226,039 |
| Average Home Value | $252,680 |
Housing Distribution
Address Breakdown
Residential
2,881
Single Family
2,881
Multi-Family
0
Businesses
110
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Listed by: Nicholas S Yarrington • Grow Local Realty, LLC
Mls Name: Doorify MLS
Mls ID: #10124145