1613 Halsey LoopHope MillsNC28348
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
Rental property for sale in Hope Mills at 1613 Halsey Loop, Hope Mills, NC, 28348 priced at $144,500 pairs $1,187/mo rent with $307/mo cash flow after a $707/mo payment. Total monthly income equals $1,187/mo, and annual cash flow comes to $3,679/yr on $47,902 invested. Return on cash invested is 27.59% in year one, and rental yield stands at 9.86% on a $144,500 basis. Equity gained on principal adds $932/yr, and 5% annual appreciation accumulates to $39,923 by year five. Five-year ROI measures 143.96% and total cumulative return in cash reaches $68,959. For financing, Ziffy Mortgage’s DSCR program evaluates $1,187/mo property income against a $707/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28348, Hope Mills, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,809 (100%) |
| Owner Occupied HU | 9,909 (66.9%) |
| Renter Occupied HU | 4,097 (27.7%) |
| Vacant Housing Units | 803 ( 5.4%) |
| Median Home Value | $251,947 |
| Average Home Value | $268,694 |
Housing Distribution
Address Breakdown
Residential
15,019
Single Family
13,982
Multi-Family
1,037
Businesses
579
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CHRISTINE WORTH • WORTHWHILE REALTY
Mls Name: LPRMLS
Mls Provider:
Mls ID: #726057
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.