11 Choice PlWhittierNC28789
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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 Whittier at 11 Choice Pl, Whittier, NC, 28789 listed at $349,000 pairs $2,197/mo rent with a $1,708/mo payment to leave $70/mo cash flow. Total monthly income runs $2,197/mo, and annual cash flow reaches $842/yr on $115,694 cash to close. Return on cash invested measures 20.64% in year one, and rental yield registers 7.55% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 106.65% and total cumulative return in cash totals $123,384. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,197/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28789, Whittier, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,801 (100%) |
| Owner Occupied HU | 1,973 (51.9%) |
| Renter Occupied HU | 663 (17.4%) |
| Vacant Housing Units | 1,165 (30.6%) |
| Median Home Value | $279,014 |
| Average Home Value | $359,721 |
Housing Distribution
Address Breakdown
Residential
2,496
Single Family
2,496
Multi-Family
0
Businesses
133
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Listed by: Adam Koonts • Keller Williams Great Smokies - Sylva
Mls Name: Carolina Smokies MLS
Mls ID: #26036807
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.