1508 Parks Village RoadZebulonNC27597
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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 Zebulon at 1508 Parks Village Road, Zebulon, NC, 27597 offers a 8.03% rental yield on a $272,500 purchase with $1,824/mo rent. Total monthly income registers $1,824/mo, and a $1,334/mo payment leaves $163/mo available for distribution. Annual cash flow reaches $1,956/yr on $90,334 to close, and return on cash invested stands at 22.07% in year one. Equity gained on principal adds $1,758/yr while 5% annual appreciation supports $75,287 over five years. Portfolio math shows five-year ROI at 114.32% and total cumulative return in cash at $103,266. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,824/mo property income against a $1,334/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27597, Zebulon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,589 (100%) |
| Owner Occupied HU | 10,303 (75.8%) |
| Renter Occupied HU | 2,656 (19.5%) |
| Vacant Housing Units | 630 ( 4.6%) |
| Median Home Value | $398,188 |
| Average Home Value | $526,668 |
Housing Distribution
Address Breakdown
Residential
13,292
Single Family
13,259
Multi-Family
33
Businesses
632
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Listed by: Darien Cruz • Choice Residential Real Estate, LLC
Mls Name: Hive MLS
Mls ID: #100546749