921 N Long Street ExtOakboroNC28129
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 Oakboro at 921 N Long Street Ext, Oakboro, NC, 28129 generates $1,274/mo in rent, after a $1,033/mo payment. Total monthly income is $1,274/mo. Return on cash invested sits at 19.7% in year one, and rental yield is 7.25% on a $211,000 entry. Equity gained on principal adds $1,362/yr, while 5% annual appreciation builds toward $58,295 over five years. Five-year ROI reaches 101.62% and total cumulative return in cash sums $71,081. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,274/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28129, Oakboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,752 (100%) |
| Owner Occupied HU | 2,087 (75.8%) |
| Renter Occupied HU | 465 (16.9%) |
| Vacant Housing Units | 200 ( 7.3%) |
| Median Home Value | $281,548 |
| Average Home Value | $320,759 |
Housing Distribution
Address Breakdown
Residential
2,476
Single Family
2,476
Multi-Family
0
Businesses
139
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A