Woodford 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
Investment property for sale in Hickory at Woodford Plan, Overture Pointe Single Family, Hickory, NC, 28602 with 5% annual appreciation on a $335,990 basis while $3,114/mo rent supports operations. Total monthly income totals $3,114/mo and a $1,645/mo payment preserves $1,066/mo for cash returns. Annual cash flow comes to $12,790/yr on $111,381 deployed, and return on cash invested reaches 31.39% in year one. Equity gained on principal adds $2,168/yr, and five-year appreciation sums $92,828 alongside rental yield of 11.12%. Five-year ROI measures 164.3% and total cumulative return in cash totals $182,995.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,114/mo property income versus a $1,645/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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