638 Acorn Acres RdNorwoodNC28128
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 Norwood at 638 Acorn Acres Rd, Norwood, NC, 28128 listed at $470,000 pairs $2,048/mo rent with a $2,300/mo payment. Total monthly income runs $2,048/mo. Return on cash invested measures 13.62% in year one, and rental yield registers 5.23% at a $470,000 basis. Equity gained on principal adds $3,033/yr, and annual property appreciation at 5% supports $129,852 by year five. Five-year ROI tracks 69.01% and total cumulative return in cash totals $107,517. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,048/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
0.71 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caitlin Burgess • Magnolia Dream Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4311086