1101 Jamesford CourtLelandNC28451
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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 Leland at 1101 Jamesford Court, Leland, NC, 28451 uses $147,518 cash to close to unlock $3,120/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $2,972/mo, and a $2,178/mo payment keeps the spread at $260/mo. Purchase price stands at $445,000, and rental yield measures 8.01% with $2,972/mo rent. Return on cash invested shows 22.02% in year one, and 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 114.04% and total cumulative return in cash records $168,236. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,972/mo property income covering a $2,178/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28451, Leland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,676 (100%) |
| Owner Occupied HU | 15,987 (67.5%) |
| Renter Occupied HU | 5,229 (22.1%) |
| Vacant Housing Units | 2,460 (10.4%) |
| Median Home Value | $376,128 |
| Average Home Value | $424,214 |
Housing Distribution
Address Breakdown
Residential
22,396
Single Family
21,355
Multi-Family
1,041
Businesses
874
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Listed by: Pinpoint Properties • Real Broker LLC
Mls Name: Hive MLS
Mls ID: #100520154