1729 Cranberry Creek RoadLaurel SpringsNC28644
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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 Springs at 1729 Cranberry Creek Road, Laurel Springs, NC, 28644 offers a 6.09% rental yield on a $719,000 purchase with $3,649/mo rent. 34% in year one. Equity gained on principal adds $4,640/yr while 5% annual appreciation supports $198,646 over five years. Portfolio math shows five-year ROI at 83.57% and total cumulative return in cash at $197,693. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,649/mo property income against a $3,519/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
5.37 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Alanea Eichler • New River Realty & Rentals
Mls Name: High Country AOR
Mls Provider:
Mls ID: #255855
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.