6786 Fire Tower RdBaileyNC27807
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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 Bailey at 6786 Fire Tower Rd, Bailey, NC, 27807 generates $3,061/mo in rent and, after a $2,203/mo payment, leaves $318/mo in cash flow. Total monthly income is $3,061/mo, and annual cash flow is $3,816/yr on $149,175 invested. Return on cash invested sits at 22.47% in year one, and rental yield is 8.16% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 116.43% and total cumulative return in cash sums $173,682. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,061/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27807, Bailey, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,944 (100%) |
| Owner Occupied HU | 1,996 (67.8%) |
| Renter Occupied HU | 712 (24.2%) |
| Vacant Housing Units | 236 ( 8.0%) |
| Median Home Value | $226,039 |
| Average Home Value | $252,680 |
Housing Distribution
Address Breakdown
Residential
2,881
Single Family
2,881
Multi-Family
0
Businesses
110
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Listed by: Sharon Baldwin • Sunflower Realty, LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10100146
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.