11442 State Highway 87 ECouncilNC28434
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
Investment property for sale in Council at 11442 State Highway 87 E, Council, NC, 28434 offers a 7.28% rental yield on a $255,000 purchase with $1,546/mo rent. 8% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 102.09% and total cumulative return in cash at $86,300. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,546/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28434, Council, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 593 (100%) |
| Owner Occupied HU | 421 (71.0%) |
| Renter Occupied HU | 84 (14.2%) |
| Vacant Housing Units | 88 (14.8%) |
| Median Home Value | $171,474 |
| Average Home Value | $257,322 |
Housing Distribution
Address Breakdown
Residential
555
Single Family
555
Multi-Family
0
Businesses
38
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Nearby investment properties with comparable prices
Listed by: LISA RIVERA • EXP REALTY LLC
Mls Name: LPRMLS
Mls ID: #755254