124 Depot StFranklinvilleNC27248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Franklinville at 124 Depot St, Franklinville, NC, 27248 at $115,000 posts ROI 25.96% with $192/mo cash flow from $904/mo rent. Total monthly income equals $904/mo, and annual cash flow records $2,306/yr on $38,123 to close. Return on cash invested measures 25.96% and rental yield reads 9.43% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 135.38% and total cumulative return in cash totals $51,609.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $904/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1939
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27248, Franklinville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,897 (100%) |
| Owner Occupied HU | 1,366 (72.0%) |
| Renter Occupied HU | 373 (19.7%) |
| Vacant Housing Units | 158 ( 8.3%) |
| Median Home Value | $216,279 |
| Average Home Value | $261,018 |
Housing Distribution
Address Breakdown
Residential
1,793
Single Family
1,793
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A