83 Allspice CtTuckasegeeNC28783
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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 Tuckasegee at 83 Allspice Ct, Tuckasegee, NC, 28783 generates $4,080/mo in rent, after a $3,057/mo payment. Total monthly income is $4,080/mo. Return on cash invested sits at 14.83% in year one, and rental yield is 7.84% on a $624,500 entry. Equity gained on principal adds $4,030/yr, while 5% annual appreciation builds toward $172,538 over five years. Five-year ROI reaches 77.94% and total cumulative return in cash sums $160,128. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,080/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.67 Acres lot
$N/A/sqft
$1,169 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28783, Tuckasegee, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,253 (100%) |
| Owner Occupied HU | 561 (44.8%) |
| Renter Occupied HU | 137 (10.9%) |
| Vacant Housing Units | 555 (44.3%) |
| Median Home Value | $293,182 |
| Average Home Value | $346,849 |
Housing Distribution
Address Breakdown
Residential
521
Single Family
521
Multi-Family
0
Businesses
37
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Nearby investment properties with comparable prices
Listed by: Christine Eisenberg • Continental Real Estate Group, Inc.
Mls Name: My State MLS
Mls ID: #11286245