682 Rock House RdHot SpringsNC28743
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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 Hot Springs at 682 Rock House Rd, Hot Springs, NC, 28743 priced at $1,650,000 pairs $2,525/mo rent with after a $8,076/mo payment. Total monthly income equals $2,525/mo. Return on cash invested is 3.47% in year one, and rental yield stands at 1.84% on a $1,650,000 basis. Equity gained on principal adds $10,647/yr, and 5% annual appreciation accumulates to $455,865 by year five. Five-year ROI measures 14.43% and total cumulative return in cash reaches $77,153. For financing, Ziffy Mortgage’s DSCR program evaluates $2,525/mo property income against a $8,076/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
200 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28743, Hot Springs, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,447 (100%) |
| Owner Occupied HU | 758 (52.4%) |
| Renter Occupied HU | 230 (15.9%) |
| Vacant Housing Units | 459 (31.7%) |
| Median Home Value | $215,909 |
| Average Home Value | $249,667 |
Housing Distribution
Address Breakdown
Residential
1,048
Single Family
1,048
Multi-Family
0
Businesses
142
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Listed by: Jeff Norwood • Mossy Oak Properties Carolina Timber and Realty
Mls Name: REALSTACK
Mls ID: #37239