11004 State Highway 705Eagle springsNC27242
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
Investment property for sale in Eagle springs at 11004 State Highway 705, Eagle springs, NC, 27242 offers a 11.59% rental yield on a $165,000 purchase with $1,594/mo rent. Total monthly income registers $1,594/mo, and a $808/mo payment leaves $588/mo available for distribution. Annual cash flow reaches $7,056/yr on $54,698 to close, and return on cash invested stands at 32.81% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 171.89% and total cumulative return in cash at $94,019. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,594/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1992
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27242, Eagle Springs, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 939 (100%) |
| Owner Occupied HU | 644 (68.6%) |
| Renter Occupied HU | 149 (15.9%) |
| Vacant Housing Units | 146 (15.5%) |
| Median Home Value | $157,895 |
| Average Home Value | $222,745 |
Housing Distribution
Address Breakdown
Residential
648
Single Family
648
Multi-Family
0
Businesses
26
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Nearby investment properties with comparable prices
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