657 Mount Wesley Church RdHiddeniteNC28636
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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 Hiddenite at 657 Mount Wesley Church Rd, Hiddenite, NC, 28636 listed at $229,000 pairs $2,100/mo rent with a $1,121/mo payment to leave $704/mo cash flow. Total monthly income runs $2,100/mo, and annual cash flow reaches $8,450/yr on $75,914 cash to close. Return on cash invested measures 31.04% in year one, and rental yield registers 11% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 162.48% and total cumulative return in cash totals $123,341. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,100/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2025
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28636, Hiddenite, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,150 (100%) |
| Owner Occupied HU | 1,523 (70.8%) |
| Renter Occupied HU | 399 (18.6%) |
| Vacant Housing Units | 228 (10.6%) |
| Median Home Value | $209,018 |
| Average Home Value | $248,582 |
Housing Distribution
Address Breakdown
Residential
1,969
Single Family
1,969
Multi-Family
0
Businesses
102
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Listed by: Parker Ward • Ward & Ward Properties, LLC
Mls Name: Triad MLS
Mls ID: #1204656