128 Olde Manor CtSiler CityNC27344
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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
Rental property for sale in Siler City at 128 Olde Manor Ct, Siler City, NC, 27344 generates $2,340/mo in rent and, after a $1,468/mo payment, leaves $512/mo in cash flow. Total monthly income is $2,340/mo, and annual cash flow is $6,145/yr on $99,433 invested. Return on cash invested sits at 26.09% in year one, and rental yield is 9.36% on a $299,950 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,871 over five years. Five-year ROI reaches 135.9% and total cumulative return in cash sums $135,128. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.
Townhouse
Built in 2002
0.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27344, Siler City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,613 (100%) |
| Owner Occupied HU | 4,743 (62.3%) |
| Renter Occupied HU | 2,234 (29.3%) |
| Vacant Housing Units | 636 ( 8.4%) |
| Median Home Value | $231,846 |
| Average Home Value | $346,698 |
Housing Distribution
Address Breakdown
Residential
7,070
Single Family
6,369
Multi-Family
701
Businesses
671
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Listed by: Tiffany Lattero • United Properties of NC
Mls Name: Triad MLS
Mls ID: #1205719