653 Watauga LnAberdeenNC28315
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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 Aberdeen at 653 Watauga Ln, Aberdeen, NC, 28315 priced at $559,900 converts $3,180/mo rent into after a $2,740/mo obligation. Total monthly income equals $3,180/mo. Return on cash invested prints 17.62% in year one, and rental yield reads 6.82% against a $559,900 entry. Equity gained on principal adds $3,613/yr, while 5% annual appreciation compiles into $154,690 by year five. Five-year ROI reaches 90.78% and total cumulative return in cash sums $167,230. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,180/mo property income covering a $2,740/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.33 Acres lot
$N/A/sqft
$1,704 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28315, Aberdeen, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,555 (100%) |
| Owner Occupied HU | 4,170 (63.6%) |
| Renter Occupied HU | 1,829 (27.9%) |
| Vacant Housing Units | 556 ( 8.5%) |
| Median Home Value | $352,038 |
| Average Home Value | $390,076 |
Housing Distribution
Address Breakdown
Residential
6,538
Single Family
5,821
Multi-Family
717
Businesses
687
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Listed by: SCOTT LINCICOME • BH&G REAL ESTATE - LIFESTYLE PROPERTY PARTNERS
Mls Name: LPRMLS
Mls Provider:
Mls ID: #748084
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