202 Camelia DrivePrincetonNC27569
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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 Princeton at 202 Camelia Drive, Princeton, NC, 27569 with 5% annual appreciation on a $249,500 basis while $1,834/mo rent supports operations. Total monthly income totals $1,834/mo and a $1,221/mo payment preserves $314/mo for cash returns. Annual cash flow comes to $3,763/yr on $82,709 deployed, and return on cash invested reaches 24.46% in year one. Equity gained on principal adds $1,610/yr, and five-year appreciation sums $68,932 alongside rental yield of 8.82%. Five-year ROI measures 127.14% and total cumulative return in cash totals $105,153.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,834/mo property income versus a $1,221/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27569, Princeton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 2,615 (67.0%) |
| Renter Occupied HU | 989 (25.3%) |
| Vacant Housing Units | 300 ( 7.7%) |
| Median Home Value | $214,298 |
| Average Home Value | $253,631 |
Housing Distribution
Address Breakdown
Residential
3,577
Single Family
3,577
Multi-Family
0
Businesses
163
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Listed by: Martie Rye • Down Home Realty And Property Management, LLC
Mls Name: Hive MLS
Mls ID: #100529322