100 S 6th StCreswellNC27928
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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 Creswell at 100 S 6th St, Creswell, NC, 27928 generates $1,951/mo in rent and, after a $1,419/mo payment, leaves $44/mo in cash flow. Total monthly income is $1,951/mo, and annual cash flow is $522/yr on $96,102 invested. Return on cash invested sits at 20.45% in year one, and rental yield is 8.08% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 106.28% and total cumulative return in cash sums $102,141. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,951/mo property income rather than buyer’s personal income.
Single Family
Built in 1901
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27928, Creswell, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 989 (100%) |
| Owner Occupied HU | 567 (57.3%) |
| Renter Occupied HU | 162 (16.4%) |
| Vacant Housing Units | 260 (26.3%) |
| Median Home Value | $197,669 |
| Average Home Value | $247,870 |
Housing Distribution
Address Breakdown
Residential
693
Single Family
693
Multi-Family
0
Businesses
63
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Listed by: Laura M Spencer • LS Property and Project Management LLC
Mls Name: OBAR
Mls Provider:
Mls ID: #127003
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.