1152 Spann RdTrentonNC28585
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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
Rental property for sale in Trenton at 1152 Spann Rd, Trenton, NC, 28585 generates $2,390/mo in rent, after a $2,961/mo payment. Total monthly income is $2,390/mo. Return on cash invested sits at 12.24% in year one, and rental yield is 4.74% on a $605,000 entry. Equity gained on principal adds $3,904/yr, while 5% annual appreciation builds toward $167,150 over five years. Five-year ROI reaches 61.56% and total cumulative return in cash sums $122,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,390/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
44.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28585, Trenton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,974 (100%) |
| Owner Occupied HU | 1,367 (69.3%) |
| Renter Occupied HU | 311 (15.8%) |
| Vacant Housing Units | 296 (15.0%) |
| Median Home Value | $127,533 |
| Average Home Value | $173,281 |
Housing Distribution
Address Breakdown
Residential
1,657
Single Family
1,657
Multi-Family
0
Businesses
165
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Listed by: N/A • N/A
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