664 Glebe RdHendersonNC27537
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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 Henderson at 664 Glebe Rd, Henderson, NC, 27537 uses $36,465 cash to close to unlock $2,256/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $858/mo, and a $538/mo payment keeps the spread at $188/mo. Purchase price stands at $110,000, and rental yield measures 9.36% with $858/mo rent. Return on cash invested shows 26.1% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 135.88% and total cumulative return in cash records $49,548. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $858/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 2005
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27537, Henderson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,944 (100%) |
| Owner Occupied HU | 6,840 (62.5%) |
| Renter Occupied HU | 2,756 (25.2%) |
| Vacant Housing Units | 1,348 (12.3%) |
| Median Home Value | $198,962 |
| Average Home Value | $253,341 |
Housing Distribution
Address Breakdown
Residential
9,933
Single Family
9,894
Multi-Family
39
Businesses
258
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Listed by: Gerald Richardson • All American Realtor
Mls Name: Doorify MLS
Mls ID: #10135167