106 Cameo LnParktonNC28371
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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 Parkton at 106 Cameo Ln, Parkton, NC, 28371 listed at $163,500 pairs $1,249/mo rent with a $800/mo payment to leave $253/mo cash flow. Total monthly income runs $1,249/mo, and annual cash flow reaches $3,034/yr on $54,200 cash to close. Return on cash invested measures 25.51% in year one, and rental yield registers 9.17% at a $163,500 basis. Equity gained on principal adds $1,055/yr, and annual property appreciation at 5% supports $45,172 by year five. Five-year ROI tracks 132.75% and total cumulative return in cash totals $71,948. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,249/mo property income relative to a $800/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28371, Parkton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,814 (100%) |
| Owner Occupied HU | 1,822 (64.7%) |
| Renter Occupied HU | 740 (26.3%) |
| Vacant Housing Units | 252 ( 9.0%) |
| Median Home Value | $153,144 |
| Average Home Value | $179,734 |
Housing Distribution
Address Breakdown
Residential
2,919
Single Family
2,823
Multi-Family
96
Businesses
69
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Listed by: DIXIE JACKSON MABE • DIXIE MABE REALTY, INC.
Mls Name: LPRMLS
Mls ID: #745437