2067 Wade Stedman RdStedmanNC28391
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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 Stedman at 2067 Wade Stedman Rd, Stedman, NC, 28391 listed at $225,000 pairs $1,403/mo rent with a $1,101/mo payment to leave $32/mo cash flow. Total monthly income runs $1,403/mo, and annual cash flow reaches $384/yr on $74,588 cash to close. Return on cash invested measures 20.42% in year one, and rental yield registers 7.48% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 105.47% and total cumulative return in cash totals $78,669. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,403/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28391, Stedman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,583 (100%) |
| Owner Occupied HU | 1,877 (72.7%) |
| Renter Occupied HU | 488 (18.9%) |
| Vacant Housing Units | 218 ( 8.4%) |
| Median Home Value | $246,369 |
| Average Home Value | $247,255 |
Housing Distribution
Address Breakdown
Residential
2,431
Single Family
2,407
Multi-Family
24
Businesses
122
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Listed by: DOGWOOD REALTY GROUP POWERED BY LPT REALTY • LPT REALTY LLC
Mls Name: LPRMLS
Mls ID: #748626