803 Flat Rock RoadCrumplerNC28617
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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 Crumpler at 803 Flat Rock Road, Crumpler, NC, 28617 offers $1,498/mo rent that, after a $1,713/mo payment. Total monthly income is $1,498/mo. Return on cash invested measures 13.34% in year one, and rental yield stands at 5.14% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 67.49% and total cumulative return in cash reaches $78,302. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,498/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1986
8.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28617, Crumpler, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,292 (100%) |
| Owner Occupied HU | 699 (54.1%) |
| Renter Occupied HU | 211 (16.3%) |
| Vacant Housing Units | 382 (29.6%) |
| Median Home Value | $277,500 |
| Average Home Value | $315,304 |
Housing Distribution
Address Breakdown
Residential
1,034
Single Family
1,034
Multi-Family
0
Businesses
16
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Listed by: Benjamin Ray • Client First Of The High Country
Mls Name: High Country AOR
Mls ID: #257143