2038 Ferbow StCreedmoorNC27522
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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 Creedmoor at 2038 Ferbow St, Creedmoor, NC, 27522 uses $94,478 cash to close to unlock $2,262/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $2,003/mo, and a $1,395/mo payment keeps the spread at $189/mo. Purchase price stands at $285,000, and rental yield measures 8.43% with $2,003/mo rent. Return on cash invested shows 22.3% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 115.93% and total cumulative return in cash records $109,530. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,003/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1997
0.26 Acres lot
$N/A/sqft
$223 annually HOA
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Listed by: Katie Rother • VIVID PROPERTY GROUP
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10119832
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.