15 Gerrard StFranklintonNC27525
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 Franklinton at 15 Gerrard St, Franklinton, NC, 27525 priced at $343,340 converts $2,640/mo rent into $548/mo cash flow after a $1,680/mo obligation. Total monthly income equals $2,640/mo, and annual cash flow totals $6,576/yr on $113,817 invested. Return on cash invested prints 25.69% in year one, and rental yield reads 9.23% against a $343,340 entry. Equity gained on principal adds $2,216/yr, while 5% annual appreciation compiles into $94,859 by year five. Five-year ROI reaches 133.68% and total cumulative return in cash sums $152,147. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $1,680/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27525, Franklinton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,436 (100%) |
| Owner Occupied HU | 6,513 (77.2%) |
| Renter Occupied HU | 1,460 (17.3%) |
| Vacant Housing Units | 463 ( 5.5%) |
| Median Home Value | $299,711 |
| Average Home Value | $319,419 |
Housing Distribution
Address Breakdown
Residential
7,989
Single Family
7,893
Multi-Family
96
Businesses
271
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Listed by: N/A • DRB Homes
Mls Name: DRB Homes
Mls Provider:
Mls ID: #N/A