118 Prosecco DrPrincetonNC27569
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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 Princeton at 118 Prosecco Dr, Princeton, NC, 27569 listed at $369,900 pairs $1,200/mo rent with a $1,810/mo payment. Total monthly income runs $1,200/mo. Return on cash invested measures 9.6% in year one, and rental yield registers 3.89% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 47.43% and total cumulative return in cash totals $58,162. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,200/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27569, Princeton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 2,615 (67.0%) |
| Renter Occupied HU | 989 (25.3%) |
| Vacant Housing Units | 300 ( 7.7%) |
| Median Home Value | $214,298 |
| Average Home Value | $253,631 |
Housing Distribution
Address Breakdown
Residential
3,577
Single Family
3,577
Multi-Family
0
Businesses
163
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Listed by: Tammy Register • eXp Realty, LLC - C
Mls Name: Doorify MLS
Mls ID: #10123988