113 Lakehurst DrDudleyNC28333
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
Rental property for sale in Dudley at 113 Lakehurst Dr, Dudley, NC, 28333 generates $1,500/mo in rent and, after a $1,101/mo payment, leaves $129/mo in cash flow. Total monthly income is $1,500/mo, and annual cash flow is $1,548/yr on $74,588 invested. Return on cash invested sits at 21.98% in year one, and rental yield is 8% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 113.82% and total cumulative return in cash sums $84,897. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28333, Dudley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,773 (100%) |
| Owner Occupied HU | 2,772 (58.1%) |
| Renter Occupied HU | 1,341 (28.1%) |
| Vacant Housing Units | 660 (13.8%) |
| Median Home Value | $113,390 |
| Average Home Value | $150,334 |
Housing Distribution
Address Breakdown
Residential
4,577
Single Family
4,517
Multi-Family
60
Businesses
144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Naomi Richardson • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls ID: #10118265