113 Sycamore StreetHamletNC28345
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 Hamlet at 113 Sycamore Street, Hamlet, NC, 28345 priced at $159,900 pairs $1,498/mo rent with $523/mo cash flow after a $783/mo payment. Total monthly income equals $1,498/mo, and annual cash flow comes to $6,277/yr on $53,007 invested. Return on cash invested is 31.75% in year one, and rental yield stands at 11.24% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. Five-year ROI measures 166.31% and total cumulative return in cash reaches $88,158. For financing, Ziffy Mortgage’s DSCR program evaluates $1,498/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28345, Hamlet, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,301 (100%) |
| Owner Occupied HU | 3,034 (57.2%) |
| Renter Occupied HU | 1,651 (31.1%) |
| Vacant Housing Units | 616 (11.6%) |
| Median Home Value | $115,134 |
| Average Home Value | $157,470 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,963
Multi-Family
32
Businesses
356
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Listed by: Crystal Stewart Long • Carolina Realty Co. Southeast LLC
Mls Name: Hive MLS
Mls ID: #100540438