516 Boones Bridge RdComoNC27818
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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
Investment property for sale in Como at 516 Boones Bridge Rd, Como, NC, 27818 listed at $189,000 pairs $1,501/mo rent with a $925/mo payment to leave $349/mo cash flow. Total monthly income runs $1,501/mo, and annual cash flow reaches $4,190/yr on $62,654 cash to close. Return on cash invested measures 26.6% in year one, and rental yield registers 9.53% at a $189,000 basis. Equity gained on principal adds $1,220/yr, and annual property appreciation at 5% supports $52,217 by year five. Five-year ROI tracks 138.65% and total cumulative return in cash totals $86,866. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,501/mo property income relative to a $925/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27818, Como, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 637 (100%) |
| Owner Occupied HU | 432 (67.8%) |
| Renter Occupied HU | 99 (15.5%) |
| Vacant Housing Units | 106 (16.6%) |
| Median Home Value | $125,000 |
| Average Home Value | $132,506 |
Housing Distribution
Address Breakdown
Residential
543
Single Family
543
Multi-Family
0
Businesses
16
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Listed by: Ann Bennett • Hill Realty Company
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139167
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.