1008A Driftwood DrSiler CityNC27344
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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 Siler City at 1008A Driftwood Dr, Siler City, NC, 27344 offers a 6.77% rental yield on a $414,500 purchase with $2,340/mo rent. 28% in year one. Equity gained on principal adds $2,675/yr while 5% annual appreciation supports $114,519 over five years. Portfolio math shows five-year ROI at 93.99% and total cumulative return in cash at $129,152. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $2,029/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27344, Siler City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,613 (100%) |
| Owner Occupied HU | 4,743 (62.3%) |
| Renter Occupied HU | 2,234 (29.3%) |
| Vacant Housing Units | 636 ( 8.4%) |
| Median Home Value | $231,846 |
| Average Home Value | $346,698 |
Housing Distribution
Address Breakdown
Residential
7,070
Single Family
6,369
Multi-Family
701
Businesses
671
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Listed by: Tonya Meeks Jordan • United Properties of NC
Mls Name: Doorify MLS
Mls ID: #10110719