199 Sandcastle LnFour OaksNC27524
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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 Four Oaks at 199 Sandcastle Ln, Four Oaks, NC, 27524 priced at $299,900 pairs $2,195/mo rent with $367/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,195/mo, and annual cash flow comes to $4,405/yr on $99,417 invested. Return on cash invested is 24.34% in year one, and rental yield stands at 8.78% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 126.53% and total cumulative return in cash reaches $125,788. For financing, Ziffy Mortgage’s DSCR program evaluates $2,195/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27524, Four Oaks, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,015 (100%) |
| Owner Occupied HU | 3,975 (66.1%) |
| Renter Occupied HU | 1,532 (25.5%) |
| Vacant Housing Units | 508 ( 8.4%) |
| Median Home Value | $297,490 |
| Average Home Value | $317,375 |
Housing Distribution
Address Breakdown
Residential
5,504
Single Family
5,470
Multi-Family
34
Businesses
220
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Listed by: Janet Currin • O'Meara Realty Group Inc.
Mls Name: Doorify MLS
Mls ID: #10137938