199 Joriann DriveCrumplerNC28617
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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 Crumpler at 199 Joriann Drive, Crumpler, NC, 28617 with 5% annual appreciation on a $1,395,000 basis while $3,755/mo rent supports operations. 77% in year one. Equity gained on principal adds $9,002/yr, and five-year appreciation sums $385,413 alongside rental yield of 3.23%. Five-year ROI measures 37.5% and total cumulative return in cash totals $169,474. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,755/mo property income versus a $6,828/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28617, Crumpler, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,292 (100%) |
| Owner Occupied HU | 699 (54.1%) |
| Renter Occupied HU | 211 (16.3%) |
| Vacant Housing Units | 382 (29.6%) |
| Median Home Value | $277,500 |
| Average Home Value | $315,304 |
Housing Distribution
Address Breakdown
Residential
1,034
Single Family
1,034
Multi-Family
0
Businesses
16
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Listed by: Andrea B Reeves • Regency On the Lake
Mls Name: High Country AOR
Mls ID: #259757