8876 Tallow Tree RdConnelly SpringsNC28612
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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 Connelly Springs at 8876 Tallow Tree Rd, Connelly Springs, NC, 28612 generates $2,108/mo in rent and, after a $612/mo payment, leaves $1,197/mo in cash flow. Total monthly income is $2,108/mo, and annual cash flow is $14,368/yr on $41,438 invested. Return on cash invested sits at 54.58% in year one, and rental yield is 20.24% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 290.3% and total cumulative return in cash sums $120,293. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,108/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.53 Acres lot
$N/A/sqft
$147 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28612, Connellys Springs, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,965 (100%) |
| Owner Occupied HU | 4,089 (68.5%) |
| Renter Occupied HU | 1,128 (18.9%) |
| Vacant Housing Units | 748 (12.5%) |
| Median Home Value | $222,551 |
| Average Home Value | $246,542 |
Housing Distribution
Address Breakdown
Residential
4,585
Single Family
4,585
Multi-Family
0
Businesses
131
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Listed by: Erick Puerta • Rinehart Realty Corporation
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4126156
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-24 10:55:15 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)