162 Black Horse LnKittrellNC27544
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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 Kittrell at 162 Black Horse Ln, Kittrell, NC, 27544 listed at $336,150 pairs $3,065/mo rent with a $1,645/mo payment to leave $1,017/mo cash flow. Total monthly income runs $3,065/mo, and annual cash flow reaches $12,199/yr on $111,434 cash to close. Return on cash invested measures 30.86% in year one, and rental yield registers 10.94% at a $336,150 basis. Equity gained on principal adds $2,169/yr, and annual property appreciation at 5% supports $92,872 by year five. Five-year ROI tracks 161.42% and total cumulative return in cash totals $179,877. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,065/mo property income relative to a $1,645/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
5.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27544, Kittrell, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,666 (100%) |
| Owner Occupied HU | 1,125 (67.5%) |
| Renter Occupied HU | 437 (26.2%) |
| Vacant Housing Units | 104 ( 6.2%) |
| Median Home Value | $210,197 |
| Average Home Value | $269,071 |
Housing Distribution
Address Breakdown
Residential
1,691
Single Family
1,691
Multi-Family
0
Businesses
47
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Listed by: Carl Pike • Triangle North Realty
Mls Name: Doorify MLS
Mls ID: #10107435