213 Dewdrop LnWhittierNC28789
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Whittier at 213 Dewdrop Ln, Whittier, NC, 28789 at $159,000 posts ROI 31.23% with $497/mo cash flow from $1,466/mo rent. Total monthly income equals $1,466/mo, and annual cash flow records $5,966/yr on $52,709 to close. Return on cash invested measures 31.23% and rental yield reads 11.06% at the current $159,000. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 by year five. Five-year ROI prints 163.46% and total cumulative return in cash totals $86,160.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,466/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28789, Whittier, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,801 (100%) |
| Owner Occupied HU | 1,973 (51.9%) |
| Renter Occupied HU | 663 (17.4%) |
| Vacant Housing Units | 1,165 (30.6%) |
| Median Home Value | $279,014 |
| Average Home Value | $359,721 |
Housing Distribution
Address Breakdown
Residential
2,496
Single Family
2,496
Multi-Family
0
Businesses
133
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Listed by: Mariah Lowe • Yellow Rose Real Estate LLC
Mls Name: Carolina Smokies MLS
Mls ID: #26042477