8245 Old Switchboard RdSnow CampNC27349
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 Snow Camp at 8245 Old Switchboard Rd, Snow Camp, NC, 27349 generates $1,872/mo in rent, after a $2,203/mo payment. Total monthly income is $1,872/mo. Return on cash invested sits at 12.9% in year one, and rental yield is 4.99% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 65.14% and total cumulative return in cash sums $97,170. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,872/mo property income rather than buyer’s personal income.
Manufactured
Built in 2003
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27349, Snow Camp, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,021 (100%) |
| Owner Occupied HU | 2,366 (78.3%) |
| Renter Occupied HU | 375 (12.4%) |
| Vacant Housing Units | 280 ( 9.3%) |
| Median Home Value | $301,613 |
| Average Home Value | $338,690 |
Housing Distribution
Address Breakdown
Residential
2,723
Single Family
2,717
Multi-Family
6
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kori Fansler • Dickerson Brady Realty, Inc.
Mls Name: Doorify MLS
Mls ID: #10136015