10154 State Highway 53 WWhite OakNC28399
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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
Rental property for sale in White Oak at 10154 State Highway 53 W, White Oak, NC, 28399 generates $1,469/mo in rent and, after a $807/mo payment, leaves $464/mo in cash flow. Total monthly income is $1,469/mo, and annual cash flow is $5,569/yr on $54,664 invested. Return on cash invested sits at 30.1% in year one, and rental yield is 10.69% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 157.45% and total cumulative return in cash sums $86,068. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,469/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28399, White Oak, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 784 (100%) |
| Owner Occupied HU | 497 (63.4%) |
| Renter Occupied HU | 169 (21.6%) |
| Vacant Housing Units | 118 (15.1%) |
| Median Home Value | $256,424 |
| Average Home Value | $228,803 |
Housing Distribution
Address Breakdown
Residential
722
Single Family
722
Multi-Family
0
Businesses
38
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Listed by: ERICAL BRYANT • CENTURY 21 The Realty Group
Mls Name: LPRMLS
Mls ID: #751663