950 Waggoner Neal RdWalkertownNC27051
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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
Total monthly income runs $1,614/mo, and a $1,713/mo payment. Purchase price stands at $350,000, and rental yield measures 5.53% with $1,614/mo rent. Return on cash invested shows 14.54% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 73.91% and total cumulative return in cash records $85,754. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,614/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27051, Walkertown, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,817 (100%) |
| Owner Occupied HU | 2,816 (73.8%) |
| Renter Occupied HU | 724 (19.0%) |
| Vacant Housing Units | 277 ( 7.3%) |
| Median Home Value | $269,930 |
| Average Home Value | $300,194 |
Housing Distribution
Address Breakdown
Residential
3,669
Single Family
3,589
Multi-Family
80
Businesses
219
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Listed by: Melissa Warner • Keller Williams One
Mls Name: Triad MLS
Mls ID: #1204375