214 Springhill LnMaidenNC28650
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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 Maiden at 214 Springhill Ln, Maiden, NC, 28650 uses $62,985 cash to close to unlock $4,272/yr annual cash flow and $356/mo monthly cash flow. Total monthly income runs $1,514/mo, and a $930/mo payment keeps the spread at $356/mo. Purchase price stands at $190,000, and rental yield measures 9.56% with $1,514/mo rent. Return on cash invested shows 26.69% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 139.08% and total cumulative return in cash records $87,600. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,514/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28650, Maiden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,033 (100%) |
| Owner Occupied HU | 4,331 (71.8%) |
| Renter Occupied HU | 1,158 (19.2%) |
| Vacant Housing Units | 544 ( 9.0%) |
| Median Home Value | $285,884 |
| Average Home Value | $312,459 |
Housing Distribution
Address Breakdown
Residential
5,592
Single Family
5,572
Multi-Family
20
Businesses
267
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Listed by: Elizabeth Mitchell • Fathom Realty NC LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4307946