Castlewood Hall Plan, Catawba PointeHickoryNC28601
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 Hickory at Castlewood Hall Plan, Catawba Pointe, Hickory, NC, 28601 offers $3,266/mo rent that, after a $3,033/mo payment. Total monthly income is $3,266/mo. Return on cash invested measures 17.05% in year one, and rental yield stands at 6.33% at a $619,630 entry. Equity gained on principal adds $3,998/yr while 5% annual appreciation compounds into $171,192 by year five. Five-year ROI records 87.39% and total cumulative return in cash reaches $178,147. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,266/mo property income versus a $3,033/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28601, Hickory, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,555 (100%) |
| Owner Occupied HU | 15,015 (58.8%) |
| Renter Occupied HU | 8,486 (33.2%) |
| Vacant Housing Units | 2,054 ( 8.0%) |
| Median Home Value | $303,595 |
| Average Home Value | $360,678 |
Housing Distribution
Address Breakdown
Residential
24,340
Single Family
22,229
Multi-Family
2,111
Businesses
1,506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • ABH Construction
Mls Name: ABH Construction
Mls Provider:
Mls ID: #N/A