Brandon Plan, Huffman RidgeHickoryNC28602
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
Investment property for sale in Hickory at Brandon Plan, Huffman Ridge, Hickory, NC, 28602 with 5% annual appreciation on a $304,990 basis while $2,389/mo rent supports operations. Total monthly income totals $2,389/mo and a $1,493/mo payment preserves $530/mo for cash returns. Annual cash flow comes to $6,360/yr on $101,104 deployed, and return on cash invested reaches 26.2% in year one. Equity gained on principal adds $1,968/yr, and five-year appreciation sums $84,263 alongside rental yield of 9.4%. Five-year ROI measures 136.5% and total cumulative return in cash totals $138,007.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,389/mo property income versus a $1,493/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28602, Hickory, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,156 (100%) |
| Owner Occupied HU | 8,012 (60.9%) |
| Renter Occupied HU | 3,979 (30.2%) |
| Vacant Housing Units | 1,165 ( 8.9%) |
| Median Home Value | $226,054 |
| Average Home Value | $256,746 |
Housing Distribution
Address Breakdown
Residential
12,634
Single Family
11,779
Multi-Family
855
Businesses
1,733
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A