18 Day Lily LnDunnNC28334
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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
Rental property for sale in Dunn at 18 Day Lily Ln, Dunn, NC, 28334 priced at $279,900 converts $2,081/mo rent into $375/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,081/mo, and annual cash flow totals $4,501/yr on $92,787 invested. Return on cash invested prints 24.76% in year one, and rental yield reads 8.92% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 128.77% and total cumulative return in cash sums $119,485. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,081/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28334, Dunn, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,844 (100%) |
| Owner Occupied HU | 6,694 (61.7%) |
| Renter Occupied HU | 3,199 (29.5%) |
| Vacant Housing Units | 951 ( 8.8%) |
| Median Home Value | $267,672 |
| Average Home Value | $279,507 |
Housing Distribution
Address Breakdown
Residential
10,630
Single Family
10,396
Multi-Family
234
Businesses
879
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Listed by: AMANDA STONE • RE/MAX CHOICE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #742312
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