121 Sweetleaf LaneDeep GapNC28618
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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 Deep Gap at 121 Sweetleaf Lane, Deep Gap, NC, 28618 with 5% annual appreciation on a $375,000 basis while $2,410/mo rent supports operations. Total monthly income totals $2,410/mo and a $1,835/mo payment preserves $125/mo for cash returns. Annual cash flow comes to $1,500/yr on $124,313 deployed, and return on cash invested reaches 21.12% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 7.71%. Five-year ROI measures 109.18% and total cumulative return in cash totals $135,723.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,410/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28618, Deep Gap, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,327 (100%) |
| Owner Occupied HU | 771 (58.1%) |
| Renter Occupied HU | 174 (13.1%) |
| Vacant Housing Units | 382 (28.8%) |
| Median Home Value | $371,538 |
| Average Home Value | $497,999 |
Housing Distribution
Address Breakdown
Residential
1,143
Single Family
1,143
Multi-Family
0
Businesses
91
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Listed by: Susan Chaney • EXP Realty LLC
Mls Name: High Country AOR
Mls ID: #257660