Sequoia Plan, Overture Pointe Single FamilyHickoryNC28602
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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 Sequoia Plan, Overture Pointe Single Family, Hickory, NC, 28602 generates $2,116/mo in rent and, after a $1,517/mo payment, leaves $227/mo in cash flow. Total monthly income is $2,116/mo, and annual cash flow is $2,724/yr on $102,762 invested. Return on cash invested sits at 22.56% in year one, and rental yield is 8.19% on a $309,990 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,645 over five years. Five-year ROI reaches 116.98% and total cumulative return in cash sums $120,208. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,116/mo property income rather than buyer’s personal income.
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 • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A