106 Whiteville Rd. #Summersett RoadWhitevilleNC28472
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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 Whiteville at 106 Whiteville Rd. #Summersett Road, Whiteville, NC, 28472 with 5% annual appreciation on a $195,000 basis while $1,800/mo rent supports operations. Total monthly income totals $1,800/mo and a $954/mo payment preserves $612/mo for cash returns. Annual cash flow comes to $7,344/yr on $64,643 deployed, and return on cash invested reaches 31.27% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 11.08%. Five-year ROI measures 163.64% and total cumulative return in cash totals $105,778.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,800/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1998
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28472, Whiteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,977 (100%) |
| Owner Occupied HU | 4,832 (60.6%) |
| Renter Occupied HU | 2,243 (28.1%) |
| Vacant Housing Units | 902 (11.3%) |
| Median Home Value | $189,085 |
| Average Home Value | $229,803 |
Housing Distribution
Address Breakdown
Residential
7,988
Single Family
7,847
Multi-Family
141
Businesses
1,110
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Listed by: Amy V Hudson • Coldwell Banker Sloane - Sb
Mls Name: CCAR
Mls ID: #2521255