1002 & 1004 Old Baker RdMaxtonNC28364
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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 Maxton at 1002 & 1004 Old Baker Rd, Maxton, NC, 28364 listed at $129,900 pairs $1,028/mo rent with a $636/mo payment to leave $236/mo cash flow. Total monthly income runs $1,028/mo, and annual cash flow reaches $2,833/yr on $43,062 cash to close. Return on cash invested measures 26.49% in year one, and rental yield registers 9.5% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 138.13% and total cumulative return in cash totals $59,479. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,028/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28364, Maxton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,130 (100%) |
| Owner Occupied HU | 3,460 (67.4%) |
| Renter Occupied HU | 1,082 (21.1%) |
| Vacant Housing Units | 588 (11.5%) |
| Median Home Value | $84,012 |
| Average Home Value | $108,186 |
Housing Distribution
Address Breakdown
Residential
4,908
Single Family
4,872
Multi-Family
36
Businesses
242
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Listed by: BRIAN BREWINGTON • 1ST CHOICE REAL ESTATE
Mls Name: LPRMLS
Mls ID: #751997