100 Springs CtStony PointNC28678
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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 Stony Point at 100 Springs Ct, Stony Point, NC, 28678 with 5% annual appreciation on a $159,000 basis while $1,243/mo rent supports operations. Total monthly income totals $1,243/mo and a $778/mo payment preserves $274/mo for cash returns. Annual cash flow comes to $3,290/yr on $52,709 deployed, and return on cash invested reaches 26.15% in year one. Equity gained on principal adds $1,026/yr, and five-year appreciation sums $43,929 alongside rental yield of 9.38%. Five-year ROI measures 136.28% and total cumulative return in cash totals $71,832.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,243/mo property income versus a $778/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1999
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28678, Stony Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,289 (100%) |
| Owner Occupied HU | 1,620 (70.8%) |
| Renter Occupied HU | 436 (19.0%) |
| Vacant Housing Units | 233 (10.2%) |
| Median Home Value | $259,045 |
| Average Home Value | $327,500 |
Housing Distribution
Address Breakdown
Residential
2,028
Single Family
2,028
Multi-Family
0
Businesses
65
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Listed by: Amanda Tucker • Carolina Triad Choice Realty
Mls Name: Triad MLS
Mls ID: #1144880