Taylor Plan, Huffman RidgeHickoryNC28602
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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 Taylor Plan, Huffman Ridge, Hickory, NC, 28602 priced at $313,990 pairs $3,114/mo rent with $1,200/mo cash flow after a $1,537/mo payment. Total monthly income equals $3,114/mo, and annual cash flow comes to $14,403/yr on $104,088 invested. Return on cash invested is 33.75% in year one, and rental yield stands at 11.9% on a $313,990 basis. Equity gained on principal adds $2,026/yr, and 5% annual appreciation accumulates to $86,750 by year five. Five-year ROI measures 176.95% and total cumulative return in cash reaches $184,188. For financing, Ziffy Mortgage’s DSCR program evaluates $3,114/mo property income against a $1,537/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
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: Theresa & Tricia - Online Concierge Team • D.R. Horton - Charlotte North
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A