102 Derby LnFranklintonNC27525
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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 Franklinton at 102 Derby Ln, Franklinton, NC, 27525 generates $2,462/mo in rent, after a $4,160/mo payment. Total monthly income is $2,462/mo. Return on cash invested sits at 8.4% in year one, and rental yield is 3.48% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 40.94% and total cumulative return in cash sums $114,490. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,462/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
6.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27525, Franklinton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,436 (100%) |
| Owner Occupied HU | 6,513 (77.2%) |
| Renter Occupied HU | 1,460 (17.3%) |
| Vacant Housing Units | 463 ( 5.5%) |
| Median Home Value | $299,711 |
| Average Home Value | $319,419 |
Housing Distribution
Address Breakdown
Residential
7,989
Single Family
7,893
Multi-Family
96
Businesses
271
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Listed by: Teresa Wadford • South Summit Properties
Mls Name: Doorify MLS
Mls ID: #10136908