1716 Jennings RdOlinNC28660
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
Investment property for sale in Olin at 1716 Jennings Rd, Olin, NC, 28660 offers a 5.34% rental yield on a $399,000 purchase with $1,774/mo rent. 94% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 70.74% and total cumulative return in cash at $93,566. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,774/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28660, Olin, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,006 (100%) |
| Owner Occupied HU | 723 (71.9%) |
| Renter Occupied HU | 204 (20.3%) |
| Vacant Housing Units | 79 ( 7.9%) |
| Median Home Value | $293,015 |
| Average Home Value | $394,692 |
Housing Distribution
Address Breakdown
Residential
920
Single Family
920
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sunny Dhebaria • NorthGroup Real Estate LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4314639