607 Blessing DrDobsonNC27017
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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 Dobson at 607 Blessing Dr, Dobson, NC, 27017 offers $1,020/mo rent that, after a $1,908/mo payment. Total monthly income is $1,020/mo. Return on cash invested measures 7.32% in year one, and rental yield stands at 3.14% at a $389,900 entry. Equity gained on principal adds $2,516/yr while 5% annual appreciation compounds into $107,722 by year five. Five-year ROI records 35.24% and total cumulative return in cash reaches $45,553. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,020/mo property income versus a $1,908/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27017, Dobson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,713 (100%) |
| Owner Occupied HU | 2,490 (67.1%) |
| Renter Occupied HU | 847 (22.8%) |
| Vacant Housing Units | 376 (10.1%) |
| Median Home Value | $227,083 |
| Average Home Value | $268,938 |
Housing Distribution
Address Breakdown
Residential
3,454
Single Family
3,369
Multi-Family
85
Businesses
290
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Listed by: V. Shannon Conrad • Shannon Conrad & Associates, Inc.
Mls Name: Triad MLS
Mls ID: #1205493