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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in South Mills at 132 Mill Run Loop LOT 43, South Mills, NC, 27976 earns from $2,400/mo rent with a $2,790/mo payment. Total monthly income totals $2,400/mo. ROI tracks 13.19% on current figures, and rental yield reads 5.05% at a $570,000 purchase. Equity gained on principal adds $3,678/yr, and 5% annual appreciation supports $157,480 over five years. Five-year ROI reaches 66.63% and total cumulative return in cash sums $124,957. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Single Family
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 27976, South Mills, NC area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,672 (100%) |
| Owner Occupied HU | 1,372 (82.1%) |
| Renter Occupied HU | 233 (13.9%) |
| Vacant Housing Units | 67 ( 4.0%) |
| Median Home Value | $343,229 |
| Average Home Value | $360,955 |
Residential
1,432
Single Family
1,432
Multi-Family
0
Businesses
43
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Listed for sale | $570,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kim Old • BHHS RW Towne Realty - Moyock
Mls Name: OBAR
Mls Provider:
Mls ID: #128722
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.
