115 Howards LnDunnNC28334
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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 Dunn at 115 Howards Ln, Dunn, NC, 28334 offers $1,578/mo rent that, after a $1,175/mo payment, leaves $115/mo cash flow. Total monthly income is $1,578/mo, and annual cash flow is $1,380/yr on $79,560 cash. Return on cash invested measures 21.64% in year one, and rental yield stands at 7.89% at a $240,000 entry. Equity gained on principal adds $1,549/yr while 5% annual appreciation compounds into $66,308 by year five. Five-year ROI records 112.01% and total cumulative return in cash reaches $89,114. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,578/mo property income versus a $1,175/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1995
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28334, Dunn, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,844 (100%) |
| Owner Occupied HU | 6,694 (61.7%) |
| Renter Occupied HU | 3,199 (29.5%) |
| Vacant Housing Units | 951 ( 8.8%) |
| Median Home Value | $267,672 |
| Average Home Value | $279,507 |
Housing Distribution
Address Breakdown
Residential
10,630
Single Family
10,396
Multi-Family
234
Businesses
879
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Listed by: Gail Adams • RE/MAX Signature Realty
Mls Name: Doorify MLS
Mls ID: #10109324