180 Branch RdRed SpringsNC28377
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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 Red Springs at 180 Branch Rd, Red Springs, NC, 28377 uses $49,394 cash to close to unlock $3,086/yr annual cash flow and $257/mo monthly cash flow. Total monthly income runs $1,165/mo, and a $729/mo payment keeps the spread at $257/mo. Purchase price stands at $149,000, and rental yield measures 9.38% with $1,165/mo rent. Return on cash invested shows 26.16% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 136.33% and total cumulative return in cash records $67,336. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,165/mo property income covering a $729/mo payment rather than investor’s personal income.
Manufactured
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28377, Red Springs, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,642 (100%) |
| Owner Occupied HU | 2,818 (60.7%) |
| Renter Occupied HU | 1,390 (29.9%) |
| Vacant Housing Units | 434 ( 9.3%) |
| Median Home Value | $115,417 |
| Average Home Value | $150,295 |
Housing Distribution
Address Breakdown
Residential
4,418
Single Family
4,312
Multi-Family
106
Businesses
280
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Listed by: ADAM NOE • EXP REALTY OF TRIANGLE NC
Mls Name: LPRMLS
Mls ID: #755955