163 Buggy Top LOT 7Lane AutryvilleNC28318
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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
Rental property for sale in Lane Autryville at 163 Buggy Top LOT 7, Lane Autryville, NC, 28318 priced at $324,950 converts $2,160/mo rent into $180/mo cash flow after a $1,590/mo obligation. Total monthly income equals $2,160/mo, and annual cash flow totals $2,161/yr on $107,721 invested. Return on cash invested prints 21.91% in year one, and rental yield reads 7.98% against a $324,950 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,778 by year five. Five-year ROI reaches 113.52% and total cumulative return in cash sums $122,289. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,590/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28318, Autryville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,948 (100%) |
| Owner Occupied HU | 1,403 (72.0%) |
| Renter Occupied HU | 298 (15.3%) |
| Vacant Housing Units | 247 (12.7%) |
| Median Home Value | $158,691 |
| Average Home Value | $212,414 |
Housing Distribution
Address Breakdown
Residential
1,952
Single Family
1,952
Multi-Family
0
Businesses
50
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Listed by: DARK HORSE GROUP POWERED BY LPT REALTY • LPT REALTY LLC
Mls Name: LPRMLS
Mls Provider:
Mls ID: #740092
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.