5171 Edgemont RoadCollettsvilleNC28611
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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 Collettsville at 5171 Edgemont Road, Collettsville, NC, 28611 generates $1,460/mo in rent and, after a $994/mo payment, leaves $222/mo in cash flow. Total monthly income is $1,460/mo, and annual cash flow is $2,669/yr on $67,295 invested. Return on cash invested sits at 23.87% in year one, and rental yield is 8.63% on a $203,000 entry. Equity gained on principal adds $1,310/yr, while 5% annual appreciation builds toward $56,085 over five years. Five-year ROI reaches 124.02% and total cumulative return in cash sums $83,462. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,460/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28611, Collettsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 631 (100%) |
| Owner Occupied HU | 295 (46.8%) |
| Renter Occupied HU | 64 (10.1%) |
| Vacant Housing Units | 272 (43.1%) |
| Median Home Value | $112,500 |
| Average Home Value | $186,805 |
Housing Distribution
Address Breakdown
Residential
257
Single Family
257
Multi-Family
0
Businesses
33
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Listed by: Gabi Robison • Realty One Group Results-Boone
Mls Name: High Country AOR
Mls ID: #259339