591 1st Avenue Dr SETaylorsvilleNC28681
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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 Taylorsville at 591 1st Avenue Dr SE, Taylorsville, NC, 28681 listed at $289,900 pairs $1,882/mo rent with a $1,419/mo payment to leave $115/mo cash flow. Total monthly income runs $1,882/mo, and annual cash flow reaches $1,381/yr on $96,102 cash to close. Return on cash invested measures 21.35% in year one, and rental yield registers 7.79% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 110.48% and total cumulative return in cash totals $106,173. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,882/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28681, Taylorsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,207 (100%) |
| Owner Occupied HU | 7,699 (68.7%) |
| Renter Occupied HU | 2,386 (21.3%) |
| Vacant Housing Units | 1,122 (10.0%) |
| Median Home Value | $209,146 |
| Average Home Value | $256,989 |
Housing Distribution
Address Breakdown
Residential
10,314
Single Family
10,266
Multi-Family
48
Businesses
633
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Listed by: Chase Barlow Gray • Chase Gray Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4329203