Poplar Plan, Bear ParkHickoryNC28601
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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
Rental property for sale in Hickory at Poplar Plan, Bear Park, Hickory, NC, 28601 offers $2,266/mo rent that, after a $1,111/mo payment, leaves $883/mo cash flow. Total monthly income is $2,266/mo, and annual cash flow is $10,591/yr on $75,247 cash. Return on cash invested measures 33.98% in year one, and rental yield stands at 11.98% at a $226,990 entry. Equity gained on principal adds $1,465/yr while 5% annual appreciation compounds into $62,713 by year five. Five-year ROI records 178.19% and total cumulative return in cash reaches $134,086. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,266/mo property income versus a $1,111/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
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
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Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A