156 Alum Springs RdMount OliveNC28365
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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 Mount Olive at 156 Alum Springs Rd, Mount Olive, NC, 28365 earns $547/mo cash flow from $1,522/mo rent with a $783/mo payment. Total monthly income totals $1,522/mo, and annual cash flow totals $6,564/yr on $53,040 capital. ROI tracks 32.28% on current figures, and rental yield reads 11.42% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 169.05% and total cumulative return in cash sums $89,666. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,522/mo property income instead of your personal income.
Single Family
Built in 1971
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28365, Mount Olive, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,782 (100%) |
| Owner Occupied HU | 3,694 (54.5%) |
| Renter Occupied HU | 1,828 (27.0%) |
| Vacant Housing Units | 1,260 (18.6%) |
| Median Home Value | $156,304 |
| Average Home Value | $174,143 |
Housing Distribution
Address Breakdown
Residential
6,316
Single Family
6,245
Multi-Family
71
Businesses
505
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