1425 Thoroughbred TrlParktonNC28371
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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 Parkton at 1425 Thoroughbred Trl, Parkton, NC, 28371 offers a 10.29% rental yield on a $259,900 purchase with $2,228/mo rent. Total monthly income registers $2,228/mo, and a $1,272/mo payment leaves $644/mo available for distribution. Annual cash flow reaches $7,729/yr on $86,157 to close, and return on cash invested stands at 28.88% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 150.88% and total cumulative return in cash at $129,994. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,228/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28371, Parkton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,814 (100%) |
| Owner Occupied HU | 1,822 (64.7%) |
| Renter Occupied HU | 740 (26.3%) |
| Vacant Housing Units | 252 ( 9.0%) |
| Median Home Value | $153,144 |
| Average Home Value | $179,734 |
Housing Distribution
Address Breakdown
Residential
2,919
Single Family
2,823
Multi-Family
96
Businesses
69
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Listed by: Thomas Henry Bortnick • LPT Realty, LLC
Mls Name: Doorify MLS
Mls ID: #10138596