151 McFarland RdEnfieldNC27823
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
Investment property for sale in Enfield at 151 McFarland Rd, Enfield, NC, 27823 earns $62/mo cash flow from $1,702/mo rent with a $1,317/mo payment. Total monthly income totals $1,702/mo, and annual cash flow totals $746/yr on $89,174 capital. ROI tracks 20.75% on current figures, and rental yield reads 7.59% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 107.25% and total cumulative return in cash sums $95,639. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,702/mo property income instead of your personal income.
Single Family
Built in 1961
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27823, Enfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,370 (100%) |
| Owner Occupied HU | 1,698 (50.4%) |
| Renter Occupied HU | 923 (27.4%) |
| Vacant Housing Units | 749 (22.2%) |
| Median Home Value | $95,455 |
| Average Home Value | $151,708 |
Housing Distribution
Address Breakdown
Residential
2,851
Single Family
2,826
Multi-Family
25
Businesses
177
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Listed by: Ann Newbern • Wilkie Real Estate
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139780