12699 Haynes Lennon HwyEvergreenNC28438
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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 Evergreen at 12699 Haynes Lennon Hwy, Evergreen, NC, 28438 listed at $237,900 pairs $2,125/mo rent with a $1,164/mo payment to leave $676/mo cash flow. Total monthly income runs $2,125/mo, and annual cash flow reaches $8,106/yr on $78,864 cash to close. Return on cash invested measures 30.19% in year one, and rental yield registers 10.72% at a $237,900 basis. Equity gained on principal adds $1,535/yr, and annual property appreciation at 5% supports $65,727 by year five. Five-year ROI tracks 157.84% and total cumulative return in cash totals $124,479. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,125/mo property income relative to a $1,164/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28438, Evergreen, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 690 (100%) |
| Owner Occupied HU | 471 (68.3%) |
| Renter Occupied HU | 116 (16.8%) |
| Vacant Housing Units | 103 (14.9%) |
| Median Home Value | $153,388 |
| Average Home Value | $148,185 |
Housing Distribution
Address Breakdown
Residential
684
Single Family
684
Multi-Family
0
Businesses
28
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Listed by: BRITT & CO. REAL ESTATE PROFESSIONALS • BRITT & COMPANY REAL ESTATE PROFESSIONALS
Mls Name: LPRMLS
Mls Provider:
Mls ID: #732674
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.