61 Brooks Branch RdLeicesterNC28748
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
Investment property for sale in Leicester at 61 Brooks Branch Rd, Leicester, NC, 28748 at $375,000 posts ROI 16.5% with from $1,932/mo rent. Total monthly income equals $1,932/mo. Return on cash invested measures 16.5% and rental yield reads 6.18% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 84.44% and total cumulative return in cash totals $104,967. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,932/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28748, Leicester, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,308 (100%) |
| Owner Occupied HU | 4,298 (68.1%) |
| Renter Occupied HU | 1,490 (23.6%) |
| Vacant Housing Units | 520 ( 8.2%) |
| Median Home Value | $394,374 |
| Average Home Value | $460,623 |
Housing Distribution
Address Breakdown
Residential
5,440
Single Family
5,440
Multi-Family
0
Businesses
193
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Nearby investment properties with comparable prices
Listed by: Darcy Varney • Howard Hanna Beverly-Hanks Asheville-Downtown
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4292008