Robie Plan, Zion SpringsHickoryNC28602
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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 Hickory at Robie Plan, Zion Springs, Hickory, NC, 28602 offers a 11.19% rental yield on a $333,990 purchase with $3,114/mo rent. Total monthly income registers $3,114/mo, and a $1,635/mo payment leaves $1,078/mo available for distribution. Annual cash flow reaches $12,939/yr on $110,718 to close, and return on cash invested stands at 31.6% in year one. Equity gained on principal adds $2,155/yr while 5% annual appreciation supports $92,275 over five years. Portfolio math shows five-year ROI at 165.42% and total cumulative return in cash at $183,147. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,114/mo property income against a $1,635/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A