1551 King Mill RoadFour OaksNC27524
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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 Four Oaks at 1551 King Mill Road, Four Oaks, NC, 27524 listed at $315,000 pairs $2,118/mo rent with a $1,542/mo payment to leave $198/mo cash flow. Total monthly income runs $2,118/mo, and annual cash flow reaches $2,376/yr on $104,423 cash to close. Return on cash invested measures 22.18% in year one, and rental yield registers 8.07% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 114.9% and total cumulative return in cash totals $119,981. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,118/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27524, Four Oaks, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,015 (100%) |
| Owner Occupied HU | 3,975 (66.1%) |
| Renter Occupied HU | 1,532 (25.5%) |
| Vacant Housing Units | 508 ( 8.4%) |
| Median Home Value | $297,490 |
| Average Home Value | $317,375 |
Housing Distribution
Address Breakdown
Residential
5,504
Single Family
5,470
Multi-Family
34
Businesses
220
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Listed by: Debbie Edwards Howard • Carolina Realty
Mls Name: Hive MLS
Mls ID: #100538886