827 Green Creek RdBakersvilleNC28705
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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 Bakersville at 827 Green Creek Rd, Bakersville, NC, 28705 priced at $130,300 pairs $2,627/mo rent with $1,833/mo cash flow after a $638/mo payment. Total monthly income equals $2,627/mo, and annual cash flow comes to $21,992/yr on $43,194 invested. Return on cash invested is 70.82% in year one, and rental yield stands at 24.19% on a $130,300 basis. Equity gained on principal adds $841/yr, and 5% annual appreciation accumulates to $35,999 by year five. Five-year ROI measures 375.8% and total cumulative return in cash reaches $162,325. For financing, Ziffy Mortgage’s DSCR program evaluates $2,627/mo property income against a $638/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1898
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28705, Bakersville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,803 (100%) |
| Owner Occupied HU | 2,214 (58.2%) |
| Renter Occupied HU | 615 (16.2%) |
| Vacant Housing Units | 974 (25.6%) |
| Median Home Value | $265,165 |
| Average Home Value | $308,944 |
Housing Distribution
Address Breakdown
Residential
3,190
Single Family
3,190
Multi-Family
0
Businesses
197
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