10981 Academy RdLaurinburgNC28352
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
Total monthly income runs $1,048/mo, and a $1,077/mo payment. Purchase price stands at $220,000, and rental yield measures 5.72% with $1,048/mo rent. Return on cash invested shows 15.09% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 76.87% and total cumulative return in cash records $56,063. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,048/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28352, Laurinburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,044 (100%) |
| Owner Occupied HU | 5,072 (50.5%) |
| Renter Occupied HU | 3,843 (38.3%) |
| Vacant Housing Units | 1,129 (11.2%) |
| Median Home Value | $143,160 |
| Average Home Value | $188,793 |
Housing Distribution
Address Breakdown
Residential
9,733
Single Family
9,082
Multi-Family
651
Businesses
805
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: HELENA SINCLAIR • BHHS ALL AMERICAN HOMES #2
Mls Name: LPRMLS
Mls ID: #748442