103 Kelly Ln LOT 5Poplar BranchNC27965
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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 Poplar Branch at 103 Kelly Ln LOT 5, Poplar Branch, NC, 27965 uses $142,512 cash to close to unlock $985/yr annual cash flow and $82/mo monthly cash flow. Total monthly income runs $2,702/mo, and a $2,104/mo payment keeps the spread at $82/mo. Purchase price stands at $429,900, and rental yield measures 7.54% with $2,702/mo rent. Return on cash invested shows 20.6% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 106.46% and total cumulative return in cash records $151,711. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,702/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27965, Poplar Branch, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 249 (100%) |
| Owner Occupied HU | 182 (73.1%) |
| Renter Occupied HU | 35 (14.1%) |
| Vacant Housing Units | 32 (12.9%) |
| Median Home Value | $356,716 |
| Average Home Value | $445,659 |
Housing Distribution
Address Breakdown
Residential
220
Single Family
220
Multi-Family
0
Businesses
18
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Listed by: Michael J Siers • Howard Hanna Outer Banks Realt
Mls Name: OBAR
Mls ID: #131330