1045 Channel DropZebulonNC27597
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
Rental property for sale in Zebulon at 1045 Channel Drop, Zebulon, NC, 27597 priced at $379,236 pairs $2,580/mo rent with $227/mo cash flow after a $1,856/mo payment. Total monthly income equals $2,580/mo, and annual cash flow comes to $2,727/yr on $125,717 invested. Return on cash invested is 22.08% in year one, and rental yield stands at 8.16% on a $379,236 basis. Equity gained on principal adds $2,447/yr, and 5% annual appreciation accumulates to $104,776 by year five. Five-year ROI measures 114.52% and total cumulative return in cash reaches $143,965. For financing, Ziffy Mortgage’s DSCR program evaluates $2,580/mo property income against a $1,856/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
9,147 sqft lot
$N/A/sqft
$125 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27597, Zebulon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,589 (100%) |
| Owner Occupied HU | 10,303 (75.8%) |
| Renter Occupied HU | 2,656 (19.5%) |
| Vacant Housing Units | 630 ( 4.6%) |
| Median Home Value | $398,188 |
| Average Home Value | $526,668 |
Housing Distribution
Address Breakdown
Residential
13,292
Single Family
13,259
Multi-Family
33
Businesses
632
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Nearby investment properties with comparable prices
Listed by: Kimberly Kendrick • DRB Group North Carolina LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10060821
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