103 E Hope StErwinNC28339
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 Erwin at 103 E Hope St, Erwin, NC, 28339 at $378,200 posts ROI 15.24% with from $1,817/mo rent. Total monthly income equals $1,817/mo. Return on cash invested measures 15.24% and rental yield reads 5.77% at the current $378,200. Equity gained on principal adds $2,440/yr, and 5% annual appreciation supports $104,490 by year five. Five-year ROI prints 77.71% and total cumulative return in cash totals $97,427. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,817/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28339, Erwin, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,052 (100%) |
| Owner Occupied HU | 1,911 (62.6%) |
| Renter Occupied HU | 805 (26.4%) |
| Vacant Housing Units | 336 (11.0%) |
| Median Home Value | $187,990 |
| Average Home Value | $210,022 |
Housing Distribution
Address Breakdown
Residential
2,980
Single Family
2,980
Multi-Family
0
Businesses
269
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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