1005 Spring Meadow DrWoodleafNC27054
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 1005 Spring Meadow Dr, Woodleaf, NC, 27054 in Woodleaf earns a 9.26% gross yield at $168,000. Rent of $1,296/mo nets $272/mo after the $755/mo mortgage. The 1.72 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $46,415 and $1,547/yr in equity accumulation project a total cumulative return of $81,195.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $272 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,296 |
| Total Monthly Debt Service | $957 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2000
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27054, Woodleaf, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,173 (100%) |
| Owner Occupied HU | 864 (73.7%) |
| Renter Occupied HU | 226 (19.3%) |
| Vacant Housing Units | 83 ( 7.1%) |
| Median Home Value | $241,613 |
| Average Home Value | $344,630 |
Housing Distribution
Address Breakdown
Residential
1,037
Single Family
1,037
Multi-Family
0
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2000
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27054, Woodleaf, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,173 (100%) |
| Owner Occupied HU | 864 (73.7%) |
| Renter Occupied HU | 226 (19.3%) |
| Vacant Housing Units | 83 ( 7.1%) |
| Median Home Value | $241,613 |
| Average Home Value | $344,630 |
Housing Distribution
Address Breakdown
Residential
1,037
Single Family
1,037
Multi-Family
0
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Grace Cunningham • RE/MAX Properties Plus, Inc.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4322173