745 Broom RdTuckasegeeNC28783
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 Tuckasegee at 745 Broom Rd, Tuckasegee, NC, 28783 priced at $549,000 converts $2,392/mo rent into after a $2,687/mo obligation. Total monthly income equals $2,392/mo. Return on cash invested prints 13.72% in year one, and rental yield reads 5.23% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 69.53% and total cumulative return in cash sums $125,588. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,392/mo property income covering a $2,687/mo payment, not borrower’s personal income.
Single Family
Built in 1981
33.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28783, Tuckasegee, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,253 (100%) |
| Owner Occupied HU | 561 (44.8%) |
| Renter Occupied HU | 137 (10.9%) |
| Vacant Housing Units | 555 (44.3%) |
| Median Home Value | $293,182 |
| Average Home Value | $346,849 |
Housing Distribution
Address Breakdown
Residential
521
Single Family
521
Multi-Family
0
Businesses
37
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carol Pearce Taylor • Blue Ridge Premier Realty
Mls Name: Carolina Smokies MLS
Mls ID: #26041637