680 Edsel RdTraphillNC28685
Nearby investment properties with comparable rents
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
Rental property for sale in Traphill at 680 Edsel Rd, Traphill, NC, 28685 priced at $160,000 converts $1,387/mo rent into $412/mo cash flow after a $783/mo obligation. Total monthly income equals $1,387/mo, and annual cash flow totals $4,944/yr on $53,040 invested. Return on cash invested prints 29.23% in year one, and rental yield reads 10.4% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 152.72% and total cumulative return in cash sums $81,002. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,387/mo property income covering a $783/mo payment, not borrower’s personal income.
Manufactured
Built in 1999
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28685, Traphill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 992 (100%) |
| Owner Occupied HU | 680 (68.5%) |
| Renter Occupied HU | 156 (15.7%) |
| Vacant Housing Units | 156 (15.7%) |
| Median Home Value | $221,474 |
| Average Home Value | $288,974 |
Housing Distribution
Address Breakdown
Residential
825
Single Family
825
Multi-Family
0
Businesses
34
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Listed by: Twila Roten • Realty One Group Results
Mls Name: Triad MLS
Mls ID: #1204460