866 Oak StTroyNC27371
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 Troy at 866 Oak St, Troy, NC, 27371 offers $1,439/mo rent that, after a $1,221/mo payment. Total monthly income is $1,439/mo. Return on cash invested measures 18.73% in year one, and rental yield stands at 6.92% at a $249,500 entry. Equity gained on principal adds $1,610/yr while 5% annual appreciation compounds into $68,932 by year five. Five-year ROI records 96.38% and total cumulative return in cash reaches $79,713. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,439/mo property income versus a $1,221/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27371, Troy, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,937 (100%) |
| Owner Occupied HU | 2,294 (58.3%) |
| Renter Occupied HU | 884 (22.5%) |
| Vacant Housing Units | 759 (19.3%) |
| Median Home Value | $229,141 |
| Average Home Value | $279,677 |
Housing Distribution
Address Breakdown
Residential
3,131
Single Family
2,998
Multi-Family
133
Businesses
380
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kat McRae • New South Realty, Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4326918