1316 Middle RdEastoverNC28312
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
Rental property for sale in Eastover at 1316 Middle Rd, Eastover, NC, 28312 generates $2,009/mo in rent and, after a $1,566/mo payment, leaves $59/mo in cash flow. Total monthly income is $2,009/mo, and annual cash flow is $708/yr on $106,080 invested. Return on cash invested sits at 20.58% in year one, and rental yield is 7.53% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 106.27% and total cumulative return in cash sums $112,731. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,009/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: VANESSA ROBINSON • KELLER WILLIAMS REALTY (PINEHURST)
Mls Name: LPRMLS
Mls Provider:
Mls ID: #747907
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.