119 Gulf DrDunnNC28334
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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 Dunn at 119 Gulf Dr, Dunn, NC, 28334 listed at $249,000 pairs $1,598/mo rent with a $1,219/mo payment to leave $80/mo cash flow. Total monthly income runs $1,598/mo, and annual cash flow reaches $962/yr on $82,544 cash to close. Return on cash invested measures 21.07% in year one, and rental yield registers 7.7% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 109.03% and total cumulative return in cash totals $89,996. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,598/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.28 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: Rhonda Kosor • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls ID: #10138578