175 Spring Branch RdTarheelNC28392
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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 Tarheel at 175 Spring Branch Rd, Tarheel, NC, 28392 offers a 7.44% rental yield on a $379,200 purchase with $2,352/mo rent. Total monthly income registers $2,352/mo, and a $1,856/mo payment leaves $41/mo available for distribution. Annual cash flow reaches $492/yr on $125,705 to close, and return on cash invested stands at 20.3% in year one. Equity gained on principal adds $2,447/yr while 5% annual appreciation supports $104,766 over five years. Portfolio math shows five-year ROI at 104.81% and total cumulative return in cash at $131,749. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,352/mo property income against a $1,856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28392, Tar Heel, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 596 (100%) |
| Owner Occupied HU | 422 (70.8%) |
| Renter Occupied HU | 107 (18.0%) |
| Vacant Housing Units | 67 (11.2%) |
| Median Home Value | $109,596 |
| Average Home Value | $124,905 |
Housing Distribution
Address Breakdown
Residential
556
Single Family
556
Multi-Family
0
Businesses
42
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Listed by: LONGLEAF TEAM POWERED BY LONGLEAF PROPERTIES • LONGLEAF PROPERTIES OF SANDHILLS LLC.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #718438
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.