7158 Max Patch 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 7158 Max Patch Rd, Hot Springs, NC, 28743 generates $1,711/mo in rent and, after a $1,268/mo payment, leaves $132/mo in cash flow. Total monthly income is $1,711/mo, and annual cash flow is $1,586/yr on $85,859 invested. Return on cash invested sits at 21.76% in year one, and rental yield is 7.93% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 112.67% and total cumulative return in cash sums $96,736. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,711/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
2.59 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: Jason Morgan • CENTURY 21 Connected
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4321639