122 Fullers WayAberdeenNC28315
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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 Aberdeen at 122 Fullers Way, Aberdeen, NC, 28315 with 5% annual appreciation on a $130,000 basis while $1,044/mo rent supports operations. Total monthly income totals $1,044/mo and a $636/mo payment preserves $252/mo for cash returns. Annual cash flow comes to $3,024/yr on $43,095 deployed, and return on cash invested reaches 26.93% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,917 alongside rental yield of 9.64%. Five-year ROI measures 140.35% and total cumulative return in cash totals $60,483.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,044/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28315, Aberdeen, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,555 (100%) |
| Owner Occupied HU | 4,170 (63.6%) |
| Renter Occupied HU | 1,829 (27.9%) |
| Vacant Housing Units | 556 ( 8.5%) |
| Median Home Value | $352,038 |
| Average Home Value | $390,076 |
Housing Distribution
Address Breakdown
Residential
6,538
Single Family
5,821
Multi-Family
717
Businesses
687
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Listed by: LORETTA HINSON • REAL BROKER LLC
Mls Name: LPRMLS
Mls ID: #754005