1897 Casper Hawkins RdFergusonNC28624
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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 Ferguson at 1897 Casper Hawkins Rd, Ferguson, NC, 28624 generates $1,303/mo in rent, after a $1,713/mo payment. Total monthly income is $1,303/mo. Return on cash invested sits at 11.32% in year one, and rental yield is 4.47% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 56.68% and total cumulative return in cash sums $65,762. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,303/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28624, Ferguson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 918 (100%) |
| Owner Occupied HU | 601 (65.5%) |
| Renter Occupied HU | 123 (13.4%) |
| Vacant Housing Units | 194 (21.1%) |
| Median Home Value | $179,167 |
| Average Home Value | $238,864 |
Housing Distribution
Address Breakdown
Residential
754
Single Family
754
Multi-Family
0
Businesses
23
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