1021 Panseyhill LnWillow SpringNC27592
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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 Willow Spring at 1021 Panseyhill Ln, Willow Spring, NC, 27592 uses $40,029 cash to close to unlock $2,461/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $941/mo, and a $591/mo payment keeps the spread at $205/mo. Purchase price stands at $120,750, and rental yield measures 9.35% with $941/mo rent. Return on cash invested shows 26.06% in year one, and 5% annual appreciation builds toward $33,361 over five years. Five-year ROI reaches 135.81% and total cumulative return in cash records $54,363. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $941/mo property income covering a $591/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27592, Willow Spring, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,263 (100%) |
| Owner Occupied HU | 6,096 (83.9%) |
| Renter Occupied HU | 987 (13.6%) |
| Vacant Housing Units | 180 ( 2.5%) |
| Median Home Value | $414,593 |
| Average Home Value | $461,574 |
Housing Distribution
Address Breakdown
Residential
7,214
Single Family
7,214
Multi-Family
0
Businesses
191
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Listed by: David Jones • Rich Realty Group
Mls Name: Doorify MLS
Mls ID: #10134378