6531 Mowery RdClimaxNC27233
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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 Climax at 6531 Mowery Rd, Climax, NC, 27233 offers a 0% rental yield on a $215,900 purchase with $0/mo rent. 16% in year one. Equity gained on principal adds $1,393/yr while 5% annual appreciation supports $59,649 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,057/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27233, Climax, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,398 (100%) |
| Owner Occupied HU | 1,143 (81.8%) |
| Renter Occupied HU | 210 (15.0%) |
| Vacant Housing Units | 45 ( 3.2%) |
| Median Home Value | $288,678 |
| Average Home Value | $342,526 |
Housing Distribution
Address Breakdown
Residential
1,363
Single Family
1,363
Multi-Family
0
Businesses
63
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Listed by: Juana Lomeli • Smart Move Group
Mls Name: Triad MLS
Mls ID: #1198433