67 Anderson RdAndrewsNC28901
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Nearby investment properties with comparable prices
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 Andrews at 67 Anderson Rd, Andrews, NC, 28901 at $120,000 posts ROI 26.55% with $220/mo cash flow from $951/mo rent. Total monthly income equals $951/mo, and annual cash flow records $2,640/yr on $39,780 to close. Return on cash invested measures 26.55% and rental yield reads 9.51% at the current $120,000. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 by year five. Five-year ROI prints 138.27% and total cumulative return in cash totals $55,003.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $951/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1987
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28901, Andrews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,005 (100%) |
| Owner Occupied HU | 1,686 (56.1%) |
| Renter Occupied HU | 624 (20.8%) |
| Vacant Housing Units | 695 (23.1%) |
| Median Home Value | $232,199 |
| Average Home Value | $249,720 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,785
Multi-Family
13
Businesses
249
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Nearby investment properties with comparable prices
Listed by: Blake Dockery • Keller Williams - Great Smokies
Mls Name: Mountain Lakes BOR
Mls Provider:
Mls ID: #152081
Disclaimer: Copyright Mountain Lakes Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.