127 Nettie DrShannonNC28386
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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 Shannon at 127 Nettie Dr, Shannon, NC, 28386 at $199,900 posts ROI 33.95% with $775/mo cash flow from $1,997/mo rent. Total monthly income equals $1,997/mo, and annual cash flow records $9,303/yr on $66,267 to close. Return on cash invested measures 33.95% and rental yield reads 11.99% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 178.08% and total cumulative return in cash totals $118,009.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,997/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28386, Shannon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,180 (100%) |
| Owner Occupied HU | 1,433 (65.7%) |
| Renter Occupied HU | 554 (25.4%) |
| Vacant Housing Units | 193 ( 8.9%) |
| Median Home Value | $78,347 |
| Average Home Value | $112,582 |
Housing Distribution
Address Breakdown
Residential
1,998
Single Family
1,998
Multi-Family
0
Businesses
60
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Listed by: LINDSAY COLLINS • CRESFUND REALTY
Mls Name: LPRMLS
Mls Provider:
Mls ID: #739050
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.