1221 Sykes DrEflandNC27243
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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 Efland at 1221 Sykes Dr, Efland, NC, 27243 offers a 4.87% rental yield on a $625,000 purchase with $2,537/mo rent. 64% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 63.68% and total cumulative return in cash at $130,945. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,537/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27243, Efland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,037 (100%) |
| Owner Occupied HU | 1,609 (79.0%) |
| Renter Occupied HU | 292 (14.3%) |
| Vacant Housing Units | 136 ( 6.7%) |
| Median Home Value | $331,623 |
| Average Home Value | $413,126 |
Housing Distribution
Address Breakdown
Residential
1,885
Single Family
1,885
Multi-Family
0
Businesses
88
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Listed by: Joe Phelps • Phelps Realty
Mls Name: Doorify MLS
Mls ID: #10126133