200 Fry PlEagle SpringsNC27242
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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 Eagle Springs at 200 Fry Pl, Eagle Springs, NC, 27242 uses $33,150 cash to close to unlock $1,932/yr annual cash flow and $161/mo monthly cash flow. Total monthly income runs $770/mo, and a $489/mo payment keeps the spread at $161/mo. Purchase price stands at $100,000, and rental yield measures 9.24% with $770/mo rent. Return on cash invested shows 25.74% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 133.98% and total cumulative return in cash records $44,416. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $770/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1954
11.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27242, Eagle Springs, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 939 (100%) |
| Owner Occupied HU | 644 (68.6%) |
| Renter Occupied HU | 149 (15.9%) |
| Vacant Housing Units | 146 (15.5%) |
| Median Home Value | $157,895 |
| Average Home Value | $222,745 |
Housing Distribution
Address Breakdown
Residential
648
Single Family
648
Multi-Family
0
Businesses
26
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Listed by: DANNY DAVIS • Berkshire Hathaway HomeServices All American Homes
Mls Name: Xome
Mls ID: #N/A