117 Sunrise PointNew LondonNC28127
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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 New London at 117 Sunrise Point, New London, NC, 28127 at $1,150,000 posts ROI 4.92% with from $2,213/mo rent. Total monthly income equals $2,213/mo. Return on cash invested measures 4.92% and rental yield reads 2.31% at the current $1,150,000. Equity gained on principal adds $7,421/yr, and 5% annual appreciation supports $317,724 by year five. Five-year ROI prints 22.25% and total cumulative return in cash totals $82,917. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,213/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28127, New London, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,691 (100%) |
| Owner Occupied HU | 2,437 (52.0%) |
| Renter Occupied HU | 506 (10.8%) |
| Vacant Housing Units | 1,748 (37.3%) |
| Median Home Value | $317,462 |
| Average Home Value | $393,053 |
Housing Distribution
Address Breakdown
Residential
3,344
Single Family
3,344
Multi-Family
0
Businesses
132
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Nearby investment properties with comparable prices
Listed by: Eric Rice • Becki Rice Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4306382