216 Johnston StBunnNC27508
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 216 Johnston St, Bunn, NC, 27508 in Bunn hard to pass up. The 11.13% gross yield on a $275,000 purchase results in $2,551/mo in rent and $875/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.06). Annual cash flow of $10,503, five-year appreciation of $75,977, and $2,533/yr in equity build-up combine for a projected total cumulative return of $160,431.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 6.2% |
| Monthly Cash Flow | $875 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,551 |
| Total Monthly Debt Service | $1,567 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27508, Bunn, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 674 (100%) |
| Owner Occupied HU | 429 (63.6%) |
| Renter Occupied HU | 175 (26.0%) |
| Vacant Housing Units | 70 (10.4%) |
| Median Home Value | $340,710 |
| Average Home Value | $325,624 |
Housing Distribution
Address Breakdown
Residential
583
Single Family
560
Multi-Family
23
Businesses
97
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
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27508, Bunn, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 674 (100%) |
| Owner Occupied HU | 429 (63.6%) |
| Renter Occupied HU | 175 (26.0%) |
| Vacant Housing Units | 70 (10.4%) |
| Median Home Value | $340,710 |
| Average Home Value | $325,624 |
Housing Distribution
Address Breakdown
Residential
583
Single Family
560
Multi-Family
23
Businesses
97
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eisha Brooks • Long & Foster Real Estate INC/Wake Forest
Mls Name: Doorify MLS
Mls ID: #10116269