1873 Old Mt Olive HighwayDudleyNC28333
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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 Dudley at 1873 Old Mt Olive Highway, Dudley, NC, 28333 generates $1,999/mo in rent and, after a $1,121/mo payment, leaves $603/mo in cash flow. Total monthly income is $1,999/mo, and annual cash flow is $7,238/yr on $75,914 invested. Return on cash invested sits at 29.44% in year one, and rental yield is 10.48% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 153.89% and total cumulative return in cash sums $116,825. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,999/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28333, Dudley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,773 (100%) |
| Owner Occupied HU | 2,772 (58.1%) |
| Renter Occupied HU | 1,341 (28.1%) |
| Vacant Housing Units | 660 (13.8%) |
| Median Home Value | $113,390 |
| Average Home Value | $150,334 |
Housing Distribution
Address Breakdown
Residential
4,577
Single Family
4,517
Multi-Family
60
Businesses
144
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Listed by: Beth Hines • RE/MAX Southland Realty II
Mls Name: Hive MLS
Mls ID: #100533224