179 Tulip LnMurphyNC28906
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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 Murphy at 179 Tulip Ln, Murphy, NC, 28906 with 5% annual appreciation on a $189,500 basis while $1,456/mo rent supports operations. Total monthly income totals $1,456/mo and a $928/mo payment preserves $301/mo for cash returns. Annual cash flow comes to $3,607/yr on $62,819 deployed, and return on cash invested reaches 25.65% in year one. Equity gained on principal adds $1,223/yr, and five-year appreciation sums $52,355 alongside rental yield of 9.22%. Five-year ROI measures 133.54% and total cumulative return in cash totals $83,891.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,456/mo property income versus a $928/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28906, Murphy, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,243 (100%) |
| Owner Occupied HU | 8,280 (58.1%) |
| Renter Occupied HU | 1,714 (12.0%) |
| Vacant Housing Units | 4,249 (29.8%) |
| Median Home Value | $281,405 |
| Average Home Value | $314,832 |
Housing Distribution
Address Breakdown
Residential
11,666
Single Family
11,662
Multi-Family
4
Businesses
963
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Listed by: Big Frank Schuler • BIG Realty!
Mls Name: NGBOR
Mls ID: #419323
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.