200 W Sunset DrRed SpringsNC28377
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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 Red Springs at 200 W Sunset Dr, Red Springs, NC, 28377 at $182,500 posts ROI 28.54% with $435/mo cash flow from $1,547/mo rent. Total monthly income equals $1,547/mo, and annual cash flow records $5,220/yr on $60,499 to close. Return on cash invested measures 28.54% and rental yield reads 10.17% at the current $182,500. Equity gained on principal adds $1,178/yr, and 5% annual appreciation supports $50,421 by year five. Five-year ROI prints 148.96% and total cumulative return in cash totals $90,118.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,547/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28377, Red Springs, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,642 (100%) |
| Owner Occupied HU | 2,818 (60.7%) |
| Renter Occupied HU | 1,390 (29.9%) |
| Vacant Housing Units | 434 ( 9.3%) |
| Median Home Value | $115,417 |
| Average Home Value | $150,295 |
Housing Distribution
Address Breakdown
Residential
4,418
Single Family
4,312
Multi-Family
106
Businesses
280
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Listed by: LEWIS DOVE • FATHOM REALTY NC, LLC FAY.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #730322
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.