8233 W State Highway 10ValeNC28168
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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
Investment property for sale in Vale at 8233 W State Highway 10, Vale, NC, 28168 earns $113/mo cash flow from $1,484/mo rent with a $1,101/mo payment. Total monthly income totals $1,484/mo, and annual cash flow totals $1,356/yr on $74,588 capital. ROI tracks 21.73% on current figures, and rental yield reads 7.91% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 112.45% and total cumulative return in cash sums $83,877. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,484/mo property income instead of your personal income.
Single Family
Built in 1955
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28168, Vale, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,571 (100%) |
| Owner Occupied HU | 3,374 (73.8%) |
| Renter Occupied HU | 784 (17.2%) |
| Vacant Housing Units | 413 ( 9.0%) |
| Median Home Value | $256,948 |
| Average Home Value | $307,163 |
Housing Distribution
Address Breakdown
Residential
4,358
Single Family
4,358
Multi-Family
0
Businesses
134
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Listed by: Salina Yang • Mooresville Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4286302