1116 Friendly RdDunnNC28334
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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 Dunn at 1116 Friendly Rd, Dunn, NC, 28334 offers a 9.05% rental yield on a $245,000 purchase with $1,847/mo rent. Total monthly income registers $1,847/mo, and a $1,199/mo payment leaves $354/mo available for distribution. Annual cash flow reaches $4,248/yr on $81,218 to close, and return on cash invested stands at 25.14% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 130.76% and total cumulative return in cash at $106,200. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,847/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28334, Dunn, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,844 (100%) |
| Owner Occupied HU | 6,694 (61.7%) |
| Renter Occupied HU | 3,199 (29.5%) |
| Vacant Housing Units | 951 ( 8.8%) |
| Median Home Value | $267,672 |
| Average Home Value | $279,507 |
Housing Distribution
Address Breakdown
Residential
10,630
Single Family
10,396
Multi-Family
234
Businesses
879
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Listed by: GAIL ADAMS • RE/MAX SIGNATURE REALTY
Mls Name: LPRMLS
Mls ID: #746362