90 Mount Zion RdMoncureNC27559
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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 Moncure at 90 Mount Zion Rd, Moncure, NC, 27559 priced at $260,000 pairs $1,360/mo rent with after a $1,273/mo payment. Total monthly income equals $1,360/mo. Return on cash invested is 16.78% in year one, and rental yield stands at 6.28% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 85.92% and total cumulative return in cash reaches $74,057. For financing, Ziffy Mortgage’s DSCR program evaluates $1,360/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1994
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27559, Moncure, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,101 (100%) |
| Owner Occupied HU | 829 (75.3%) |
| Renter Occupied HU | 163 (14.8%) |
| Vacant Housing Units | 109 ( 9.9%) |
| Median Home Value | $401,773 |
| Average Home Value | $440,181 |
Housing Distribution
Address Breakdown
Residential
1,001
Single Family
1,001
Multi-Family
0
Businesses
81
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Listed by: Matt Levy • NorthGroup Real Estate, Inc.
Mls Name: Doorify MLS
Mls ID: #10133704