105 Forest Glen RdPoplar BranchNC27965
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 Poplar Branch at 105 Forest Glen Rd, Poplar Branch, NC, 27965 at $299,000 posts ROI 26.97% with $583/mo cash flow from $2,405/mo rent. Total monthly income equals $2,405/mo, and annual cash flow records $6,998/yr on $99,119 to close. Return on cash invested measures 26.97% and rental yield reads 9.65% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 140.61% and total cumulative return in cash totals $139,366.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,405/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2002
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emily A Walski • Keller Williams - Outer Banks
Mls Name: OBAR
Mls ID: #131116