8794 Old 421 RdJulianNC27283
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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
Investment property for sale in Julian at 8794 Old 421 Rd, Julian, NC, 27283 offers a 1.88% rental yield on a $1,200,000 purchase with $1,885/mo rent. 62% in year one. Equity gained on principal adds $7,743/yr while 5% annual appreciation supports $331,538 over five years. Portfolio math shows five-year ROI at 15.24% and total cumulative return in cash at $59,267. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,885/mo property income against a $5,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
26.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27283, Julian, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,500 (100%) |
| Owner Occupied HU | 1,179 (78.6%) |
| Renter Occupied HU | 229 (15.3%) |
| Vacant Housing Units | 92 ( 6.1%) |
| Median Home Value | $351,558 |
| Average Home Value | $421,592 |
Housing Distribution
Address Breakdown
Residential
1,369
Single Family
1,369
Multi-Family
0
Businesses
37
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Listed by: Carey Rivers • Angela Drum Team Realtors
Mls Name: Doorify MLS
Mls ID: #10129289