209 N Watauga AveDunnNC28334
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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
Rental property for sale in Dunn at 209 N Watauga Ave, Dunn, NC, 28334 priced at $298,900 pairs $1,980/mo rent with $158/mo cash flow after a $1,463/mo payment. Total monthly income equals $1,980/mo, and annual cash flow comes to $1,900/yr on $99,085 invested. Return on cash invested is 21.83% in year one, and rental yield stands at 7.95% on a $298,900 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,581 by year five. Five-year ROI measures 113.02% and total cumulative return in cash reaches $111,987. For financing, Ziffy Mortgage’s DSCR program evaluates $1,980/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28334, Dunn, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,844 (100%) |
| Owner Occupied HU | 6,694 (61.7%) |
| Renter Occupied HU | 3,199 (29.5%) |
| Vacant Housing Units | 951 ( 8.8%) |
| Median Home Value | $267,672 |
| Average Home Value | $279,507 |
Housing Distribution
Address Breakdown
Residential
10,630
Single Family
10,396
Multi-Family
234
Businesses
879
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Listed by: Lauren Weathers • Ann Milton Realty
Mls Name: Doorify MLS
Mls ID: #10133815