2105 W Broad StElizabethtownNC28337
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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 Elizabethtown at 2105 W Broad St, Elizabethtown, NC, 28337 offers a 11.5% rental yield on a $299,000 purchase with $2,866/mo rent. Total monthly income registers $2,866/mo, and a $1,463/mo payment leaves $1,044/mo available for distribution. Annual cash flow reaches $12,530/yr on $99,119 to close, and return on cash invested stands at 32.55% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 170.55% and total cumulative return in cash at $169,042. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,866/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28337, Elizabethtown, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,345 (100%) |
| Owner Occupied HU | 2,624 (49.1%) |
| Renter Occupied HU | 1,358 (25.4%) |
| Vacant Housing Units | 1,363 (25.5%) |
| Median Home Value | $234,913 |
| Average Home Value | $263,846 |
Housing Distribution
Address Breakdown
Residential
4,199
Single Family
4,078
Multi-Family
121
Businesses
476
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Listed by: JESSICA WHEELER • RE/MAX REAL ESTATE SERVICE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #744351
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.