10841 State Highway 32 NRoperNC27970
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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 Roper at 10841 State Highway 32 N, Roper, NC, 27970 uses $82,875 cash to close to unlock $5,556/yr annual cash flow and $463/mo monthly cash flow. Total monthly income runs $1,987/mo, and a $1,224/mo payment keeps the spread at $463/mo. Purchase price stands at $250,000, and rental yield measures 9.54% with $1,987/mo rent. Return on cash invested shows 26.61% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 138.67% and total cumulative return in cash records $114,922. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,987/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27970, Roper, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 1,020 (59.7%) |
| Renter Occupied HU | 294 (17.2%) |
| Vacant Housing Units | 394 (23.1%) |
| Median Home Value | $181,034 |
| Average Home Value | $324,083 |
Housing Distribution
Address Breakdown
Residential
1,170
Single Family
1,170
Multi-Family
0
Businesses
54
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Listed by: Maggie Basnight • Basnight Realty, LLC
Mls Name: Doorify MLS
Mls ID: #10113583