116 Meade DrFour OaksNC27524
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 Four Oaks at 116 Meade Dr, Four Oaks, NC, 27524 at $235,000 posts ROI 29.84% with $645/mo cash flow from $2,077/mo rent. Total monthly income equals $2,077/mo, and annual cash flow records $7,740/yr on $77,903 to close. Return on cash invested measures 29.84% and rental yield reads 10.61% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 155.99% and total cumulative return in cash totals $121,516.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,077/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27524, Four Oaks, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,015 (100%) |
| Owner Occupied HU | 3,975 (66.1%) |
| Renter Occupied HU | 1,532 (25.5%) |
| Vacant Housing Units | 508 ( 8.4%) |
| Median Home Value | $297,490 |
| Average Home Value | $317,375 |
Housing Distribution
Address Breakdown
Residential
5,504
Single Family
5,470
Multi-Family
34
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Hargrove • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10092693
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