1142 Gum Shaw RdWhite OakNC28399
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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 White Oak at 1142 Gum Shaw Rd, White Oak, NC, 28399 offers a 9.48% rental yield on a $250,000 purchase with $1,976/mo rent. Total monthly income registers $1,976/mo, and a $1,224/mo payment leaves $452/mo available for distribution. Annual cash flow reaches $5,424/yr on $82,875 to close, and return on cash invested stands at 26.45% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 137.81% and total cumulative return in cash at $114,214. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,976/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
3.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28399, White Oak, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 784 (100%) |
| Owner Occupied HU | 497 (63.4%) |
| Renter Occupied HU | 169 (21.6%) |
| Vacant Housing Units | 118 (15.1%) |
| Median Home Value | $256,424 |
| Average Home Value | $228,803 |
Housing Distribution
Address Breakdown
Residential
722
Single Family
722
Multi-Family
0
Businesses
38
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Listed by: WENDY CARROLL • COLDWELL BANKER ADVANTAGE - YADKIN ROAD
Mls Name: LPRMLS
Mls Provider:
Mls ID: #742368
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.