1142 Tilburn TerBrowns SummitNC27214
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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 Browns Summit at 1142 Tilburn Ter, Browns Summit, NC, 27214 uses $139,893 cash to close to unlock $8,239/yr annual cash flow and $687/mo monthly cash flow. Total monthly income runs $3,258/mo, and a $2,065/mo payment keeps the spread at $687/mo. Purchase price stands at $422,000, and rental yield measures 9.26% with $3,258/mo rent. Return on cash invested shows 25.8% in year one, and 5% annual appreciation builds toward $116,591 over five years. Five-year ROI reaches 134.3% and total cumulative return in cash records $187,883. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,258/mo property income covering a $2,065/mo payment rather than investor’s personal income.
Single Family
Built in 2023
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27214, Browns Summit, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,083 (100%) |
| Owner Occupied HU | 3,677 (72.3%) |
| Renter Occupied HU | 1,177 (23.2%) |
| Vacant Housing Units | 229 ( 4.5%) |
| Median Home Value | $370,860 |
| Average Home Value | $394,876 |
Housing Distribution
Address Breakdown
Residential
5,128
Single Family
4,610
Multi-Family
518
Businesses
170
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Listed by: Tameaka Tyler • eXp Realty
Mls Name: Triad MLS
Mls ID: #1191450