1333 Nevit LnFranklinvilleNC27248
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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 Franklinville at 1333 Nevit Ln, Franklinville, NC, 27248 earns $276/mo cash flow from $1,221/mo rent with a $759/mo payment. Total monthly income totals $1,221/mo, and annual cash flow totals $3,312/yr on $51,383 capital. ROI tracks 26.35% on current figures, and rental yield reads 9.45% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 137.28% and total cumulative return in cash sums $70,540. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,221/mo property income instead of your personal income.
Single Family
Built in 1999
9.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27248, Franklinville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,897 (100%) |
| Owner Occupied HU | 1,366 (72.0%) |
| Renter Occupied HU | 373 (19.7%) |
| Vacant Housing Units | 158 ( 8.3%) |
| Median Home Value | $216,279 |
| Average Home Value | $261,018 |
Housing Distribution
Address Breakdown
Residential
1,793
Single Family
1,793
Multi-Family
0
Businesses
68
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Listed by: N/A • N/A
Mls Name: Xome
Mls ID: #N/A