553 Waterside DrYanceyvilleNC27379
Nearby investment properties with comparable rents
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
Rental property for sale in Yanceyville at 553 Waterside Dr, Yanceyville, NC, 27379 priced at $950,000 pairs $4,052/mo rent with after a $4,650/mo payment. Total monthly income equals $4,052/mo. Return on cash invested is 13.39% in year one, and rental yield stands at 5.12% on a $950,000 basis. Equity gained on principal adds $6,130/yr, and 5% annual appreciation accumulates to $262,467 by year five. Five-year ROI measures 67.71% and total cumulative return in cash reaches $211,622. For financing, Ziffy Mortgage’s DSCR program evaluates $4,052/mo property income against a $4,650/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2012
18.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27379, Yanceyville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,136 (100%) |
| Owner Occupied HU | 1,226 (57.4%) |
| Renter Occupied HU | 624 (29.2%) |
| Vacant Housing Units | 286 (13.4%) |
| Median Home Value | $194,575 |
| Average Home Value | $231,792 |
Housing Distribution
Address Breakdown
Residential
1,789
Single Family
1,748
Multi-Family
41
Businesses
191
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Nearby investment properties with comparable prices
Listed by: Michael McCann • Keller Williams Central
Mls Name: Triad MLS
Mls ID: #1190688