1027 Laurel Circle EDeep GapNC28618
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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 Deep Gap at 1027 Laurel Circle E, Deep Gap, NC, 28618 offers a 6.69% rental yield on a $625,000 purchase with $3,484/mo rent. 16% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 93.32% and total cumulative return in cash at $191,881. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,484/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28618, Deep Gap, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,327 (100%) |
| Owner Occupied HU | 771 (58.1%) |
| Renter Occupied HU | 174 (13.1%) |
| Vacant Housing Units | 382 (28.8%) |
| Median Home Value | $371,538 |
| Average Home Value | $497,999 |
Housing Distribution
Address Breakdown
Residential
1,143
Single Family
1,143
Multi-Family
0
Businesses
91
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Listed by: Randy Wells • EXP Realty LLC
Mls Name: High Country AOR
Mls ID: #256903