83 Cascades PkwyNeboNC28761
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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
Investment property for sale in Nebo at 83 Cascades Pkwy, Nebo, NC, 28761 earns $1,000/mo cash flow from $2,822/mo rent with a $1,463/mo payment. Total monthly income totals $2,822/mo, and annual cash flow totals $12,002/yr on $99,119 capital. ROI tracks 32.02% on current figures, and rental yield reads 11.33% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 167.69% and total cumulative return in cash sums $166,210. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,822/mo property income instead of your personal income.
Single Family
Built in 2004
3.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28761, Nebo, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,457 (100%) |
| Owner Occupied HU | 2,949 (66.2%) |
| Renter Occupied HU | 664 (14.9%) |
| Vacant Housing Units | 844 (18.9%) |
| Median Home Value | $249,932 |
| Average Home Value | $339,791 |
Housing Distribution
Address Breakdown
Residential
4,033
Single Family
4,033
Multi-Family
0
Businesses
117
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Listed by: Madeline Pollard • Chase Gray Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4319617