1572 Green RoadSpring HopeNC27882
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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 Spring Hope at 1572 Green Road, Spring Hope, NC, 27882 offers a 10.65% rental yield on a $169,900 purchase with $1,508/mo rent. Total monthly income registers $1,508/mo, and a $832/mo payment leaves $472/mo available for distribution. Annual cash flow reaches $5,665/yr on $56,322 to close, and return on cash invested stands at 29.97% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 156.73% and total cumulative return in cash at $88,274. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,508/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
2.58 Acres lot
$N/A/sqft
No 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
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Listed by: Bill V Brantley • Bill Brantley Realty, LLC
Mls Name: Hive MLS
Mls ID: #100543576