1201 Red Sunset PlSiler CityNC27344
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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 Siler City at 1201 Red Sunset Pl, Siler City, NC, 27344 priced at $199,900 pairs $1,691/mo rent with $473/mo cash flow after a $978/mo payment. Total monthly income equals $1,691/mo, and annual cash flow comes to $5,677/yr on $66,267 invested. Return on cash invested is 28.48% in year one, and rental yield stands at 10.15% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 148.71% and total cumulative return in cash reaches $98,545. For financing, Ziffy Mortgage’s DSCR program evaluates $1,691/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1998
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27344, Siler City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,613 (100%) |
| Owner Occupied HU | 4,743 (62.3%) |
| Renter Occupied HU | 2,234 (29.3%) |
| Vacant Housing Units | 636 ( 8.4%) |
| Median Home Value | $231,846 |
| Average Home Value | $346,698 |
Housing Distribution
Address Breakdown
Residential
7,070
Single Family
6,369
Multi-Family
701
Businesses
671
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Listed by: Tiffany Haynes Lattero • United Properties of NC
Mls Name: Doorify MLS
Mls ID: #10094049