135 S Patterson StMaxtonNC28364
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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 Maxton at 135 S Patterson St, Maxton, NC, 28364 uses $59,007 cash to close to unlock $5,705/yr annual cash flow and $475/mo monthly cash flow. Total monthly income runs $1,560/mo, and a $871/mo payment keeps the spread at $475/mo. Purchase price stands at $178,000, and rental yield measures 10.52% with $1,560/mo rent. Return on cash invested shows 29.58% in year one, and 5% annual appreciation builds toward $49,178 over five years. Five-year ROI reaches 154.62% and total cumulative return in cash records $91,237. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,560/mo property income covering a $871/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28364, Maxton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,130 (100%) |
| Owner Occupied HU | 3,460 (67.4%) |
| Renter Occupied HU | 1,082 (21.1%) |
| Vacant Housing Units | 588 (11.5%) |
| Median Home Value | $84,012 |
| Average Home Value | $108,186 |
Housing Distribution
Address Breakdown
Residential
4,908
Single Family
4,872
Multi-Family
36
Businesses
242
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Listed by: SARA BEAN • REALTY ONE GROUP HERITAGE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #744550
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.