101 Forest Woods DrSalemburgNC28385
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
Investment Highlights
Investment property for sale in Salemburg at 101 Forest Woods Dr, Salemburg, NC, 28385 earns from $1,439/mo rent with a $1,468/mo payment. Total monthly income totals $1,439/mo. ROI tracks 15.11% on current figures, and rental yield reads 5.76% at a $299,950 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,871 over five years. Five-year ROI reaches 77.03% and total cumulative return in cash sums $76,592. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,439/mo property income instead of your personal income.
Single Family
Built in 2022
0.54 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28385, Salemburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,199 (100%) |
| Owner Occupied HU | 808 (67.4%) |
| Renter Occupied HU | 253 (21.1%) |
| Vacant Housing Units | 138 (11.5%) |
| Median Home Value | $161,111 |
| Average Home Value | $192,877 |
Housing Distribution
Address Breakdown
Residential
1,088
Single Family
1,088
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DARK HORSE GROUP POWERED BY LPT REALTY • LPT REALTY LLC
Mls Name: LPRMLS
Mls Provider:
Mls ID: #744105
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.