536 Watauga LnAberdeenNC28315
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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 Aberdeen at 536 Watauga Ln, Aberdeen, NC, 28315 offers a 7.87% rental yield on a $484,900 purchase with $3,180/mo rent. Total monthly income registers $3,180/mo, and a $2,373/mo payment leaves $111/mo available for distribution. Annual cash flow reaches $1,333/yr on $160,744 to close, and return on cash invested stands at 20.74% in year one. Equity gained on principal adds $3,129/yr while 5% annual appreciation supports $133,969 over five years. Portfolio math shows five-year ROI at 107.49% and total cumulative return in cash at $172,783. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,180/mo property income against a $2,373/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
$114 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28315, Aberdeen, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,555 (100%) |
| Owner Occupied HU | 4,170 (63.6%) |
| Renter Occupied HU | 1,829 (27.9%) |
| Vacant Housing Units | 556 ( 8.5%) |
| Median Home Value | $352,038 |
| Average Home Value | $390,076 |
Housing Distribution
Address Breakdown
Residential
6,538
Single Family
5,821
Multi-Family
717
Businesses
687
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Listed by: Caviness & Cates Builders Marketing Group • Caviness & Cates - Southern Pines Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N370000000258
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 Nexus MLS. All rights are reserved.