17061 Duncan AveLaurel HillNC28351
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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 Laurel Hill at 17061 Duncan Ave, Laurel Hill, NC, 28351 listed at $265,000 pairs $1,426/mo rent with a $1,297/mo payment. Total monthly income runs $1,426/mo. Return on cash invested measures 17.33% in year one, and rental yield registers 6.46% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 88.86% and total cumulative return in cash totals $78,063. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,426/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28351, Laurel Hill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,009 (100%) |
| Owner Occupied HU | 1,286 (64.0%) |
| Renter Occupied HU | 510 (25.4%) |
| Vacant Housing Units | 213 (10.6%) |
| Median Home Value | $88,654 |
| Average Home Value | $158,377 |
Housing Distribution
Address Breakdown
Residential
1,913
Single Family
1,913
Multi-Family
0
Businesses
70
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Listed by: LAVERN MACKALL • 1ST CHOICE REAL ESTATE
Mls Name: LPRMLS
Mls ID: #754269