9596 McDougald RdBroadwayNC27505
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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 Broadway at 9596 McDougald Rd, Broadway, NC, 27505 listed at $199,900 pairs $1,551/mo rent with a $978/mo payment to leave $333/mo cash flow. Total monthly income runs $1,551/mo, and annual cash flow reaches $3,997/yr on $66,267 cash to close. Return on cash invested measures 25.94% in year one, and rental yield registers 9.31% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 135.13% and total cumulative return in cash totals $89,545. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,551/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2000
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27505, Broadway, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,101 (100%) |
| Owner Occupied HU | 2,188 (70.6%) |
| Renter Occupied HU | 686 (22.1%) |
| Vacant Housing Units | 227 ( 7.3%) |
| Median Home Value | $275,114 |
| Average Home Value | $275,680 |
Housing Distribution
Address Breakdown
Residential
2,804
Single Family
2,804
Multi-Family
0
Businesses
95
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Listed by: KELLEY DUBOIS • ADCOCK REAL ESTATE SERVICES
Mls Name: LPRMLS
Mls ID: #750616