150 Riley WaySpring HopeNC27882
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 Spring Hope at 150 Riley Way, Spring Hope, NC, 27882 priced at $329,000 pairs $2,157/mo rent with after a $1,610/mo payment. Total monthly income equals $2,157/mo. Return on cash invested is 19.55% in year one, and rental yield stands at 7.87% on a $329,000 basis. Equity gained on principal adds $2,123/yr, and 5% annual appreciation accumulates to $90,897 by year five. Five-year ROI measures 101.55% and total cumulative return in cash reaches $110,757. For financing, Ziffy Mortgage’s DSCR program evaluates $2,157/mo property income against a $1,610/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.29 Acres lot
$N/A/sqft
$135 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27882, Spring Hope, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,612 (100%) |
| Owner Occupied HU | 2,273 (62.9%) |
| Renter Occupied HU | 909 (25.2%) |
| Vacant Housing Units | 430 (11.9%) |
| Median Home Value | $232,500 |
| Average Home Value | $272,079 |
Housing Distribution
Address Breakdown
Residential
3,299
Single Family
3,299
Multi-Family
0
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Blanca Jazmine Lizardo • Keystar Realty & Management LL
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10110969
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.