756 Spainhour RdKingNC27021
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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 King at 756 Spainhour Rd, King, NC, 27021 priced at $396,500 pairs $1,872/mo rent with after a $1,941/mo payment. Total monthly income equals $1,872/mo. Return on cash invested is 14.94% in year one, and rental yield stands at 5.67% on a $396,500 basis. Equity gained on principal adds $2,559/yr, and 5% annual appreciation accumulates to $109,546 by year five. Five-year ROI measures 76.08% and total cumulative return in cash reaches $99,993. For financing, Ziffy Mortgage’s DSCR program evaluates $1,872/mo property income against a $1,941/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
1.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27021, King, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,033 (100%) |
| Owner Occupied HU | 5,671 (70.6%) |
| Renter Occupied HU | 1,802 (22.4%) |
| Vacant Housing Units | 560 ( 7.0%) |
| Median Home Value | $214,443 |
| Average Home Value | $246,078 |
Housing Distribution
Address Breakdown
Residential
7,528
Single Family
7,325
Multi-Family
203
Businesses
480
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Listed by: Melody Agosti • Epique Realty
Mls Name: Triad MLS
Mls ID: #1193854