2116 Sterling Creek LnFranklintonNC27525
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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 Franklinton at 2116 Sterling Creek Ln, Franklinton, NC, 27525 uses $94,478 cash to close to unlock $2,856/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $1,975/mo, and a $1,395/mo payment keeps the spread at $238/mo. Purchase price stands at $285,000, and rental yield measures 8.32% with $1,975/mo rent. Return on cash invested shows 22.93% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 118.92% and total cumulative return in cash records $112,350. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,975/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 2006
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27525, Franklinton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,436 (100%) |
| Owner Occupied HU | 6,513 (77.2%) |
| Renter Occupied HU | 1,460 (17.3%) |
| Vacant Housing Units | 463 ( 5.5%) |
| Median Home Value | $299,711 |
| Average Home Value | $319,419 |
Housing Distribution
Address Breakdown
Residential
7,989
Single Family
7,893
Multi-Family
96
Businesses
271
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