164 Gum Spring RoadWhite OakNC28399
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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 White Oak at 164 Gum Spring Road, White Oak, NC, 28399 listed at $325,000 pairs $1,758/mo rent with a $1,591/mo payment. Total monthly income runs $1,758/mo. Return on cash invested measures 17.43% in year one, and rental yield registers 6.49% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 89.38% and total cumulative return in cash totals $96,301. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,758/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
2.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28399, White Oak, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 784 (100%) |
| Owner Occupied HU | 497 (63.4%) |
| Renter Occupied HU | 169 (21.6%) |
| Vacant Housing Units | 118 (15.1%) |
| Median Home Value | $256,424 |
| Average Home Value | $228,803 |
Housing Distribution
Address Breakdown
Residential
722
Single Family
722
Multi-Family
0
Businesses
38
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Listed by: Chad Meredith • NorthGroup Real Estate LLC
Mls Name: Hive MLS
Mls ID: #100547408