2162 Dobbin Holmes RdEastoverNC28312
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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
Rental property for sale in Eastover at 2162 Dobbin Holmes Rd, Eastover, NC, 28312 priced at $185,000 converts $1,630/mo rent into $503/mo cash flow after a $905/mo obligation. Total monthly income equals $1,630/mo, and annual cash flow totals $6,036/yr on $61,328 invested. Return on cash invested prints 29.75% in year one, and rental yield reads 10.57% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 155.46% and total cumulative return in cash sums $95,343. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,630/mo property income covering a $905/mo payment, not borrower’s personal income.
Manufactured
Built in 1996
N/A lot
$N/A/sqft
No HOA
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Listed by: MERCY OBANOR • FIDELITY REALTORS INC.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #741553
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