92 Hackley RoadGatesNC27937
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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 Gates at 92 Hackley Road, Gates, NC, 27937 with 5% annual appreciation on a $450,000 basis while $3,071/mo rent supports operations. Total monthly income totals $3,071/mo and a $2,203/mo payment preserves $328/mo for cash returns. Annual cash flow comes to $3,936/yr on $149,175 deployed, and return on cash invested reaches 22.55% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 8.19%. Five-year ROI measures 116.85% and total cumulative return in cash totals $174,318.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,071/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27937, Gates, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,629 (100%) |
| Owner Occupied HU | 1,227 (75.3%) |
| Renter Occupied HU | 233 (14.3%) |
| Vacant Housing Units | 169 (10.4%) |
| Median Home Value | $181,424 |
| Average Home Value | $216,754 |
Housing Distribution
Address Breakdown
Residential
1,499
Single Family
1,499
Multi-Family
0
Businesses
38
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Listed by: Linda Bass • KBL Companies, LLC
Mls Name: Hive MLS
Mls ID: #100541576