6451 Bowman RdWalnut CoveNC27052
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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 Walnut Cove at 6451 Bowman Rd, Walnut Cove, NC, 27052 uses $71,936 cash to close to unlock $2,611/yr annual cash flow and $218/mo monthly cash flow. Total monthly income runs $1,540/mo, and a $1,062/mo payment keeps the spread at $218/mo. Purchase price stands at $217,000, and rental yield measures 8.52% with $1,540/mo rent. Return on cash invested shows 23.54% in year one, and 5% annual appreciation builds toward $59,953 over five years. Five-year ROI reaches 122.2% and total cumulative return in cash records $87,905. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,540/mo property income covering a $1,062/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27052, Walnut Cove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,825 (100%) |
| Owner Occupied HU | 3,323 (68.9%) |
| Renter Occupied HU | 1,017 (21.1%) |
| Vacant Housing Units | 485 (10.1%) |
| Median Home Value | $212,915 |
| Average Home Value | $258,539 |
Housing Distribution
Address Breakdown
Residential
4,322
Single Family
4,269
Multi-Family
53
Businesses
243
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Listed by: Matt Ingram • Real Broker LLC
Mls Name: Triad MLS
Mls ID: #1207511