56 Finch Knob RdOttoNC28763
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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 Otto at 56 Finch Knob Rd, Otto, NC, 28763 listed at $109,000 pairs $834/mo rent with a $534/mo payment to leave $147/mo cash flow. Total monthly income runs $834/mo, and annual cash flow reaches $1,767/yr on $36,134 cash to close. Return on cash invested measures 24.8% in year one, and rental yield registers 9.18% at a $109,000 basis. Equity gained on principal adds $703/yr, and annual property appreciation at 5% supports $30,115 by year five. Five-year ROI tracks 129.31% and total cumulative return in cash totals $46,726. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $834/mo property income relative to a $534/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
0.46 Acres lot
$N/A/sqft
$263 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28763, Otto, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,861 (100%) |
| Owner Occupied HU | 1,033 (55.5%) |
| Renter Occupied HU | 235 (12.6%) |
| Vacant Housing Units | 593 (31.9%) |
| Median Home Value | $313,722 |
| Average Home Value | $369,727 |
Housing Distribution
Address Breakdown
Residential
1,345
Single Family
1,345
Multi-Family
0
Businesses
73
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Listed by: Terrie Lynn Prestia • Bald Head Realty
Mls Name: Carolina Smokies MLS
Mls ID: #26040321
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.