220 Dulcimer LnZebulonNC27597
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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 Zebulon at 220 Dulcimer Ln, Zebulon, NC, 27597 priced at $279,000 converts $1,956/mo rent into $255/mo cash flow after a $1,366/mo obligation. Total monthly income equals $1,956/mo, and annual cash flow totals $3,062/yr on $92,489 invested. Return on cash invested prints 23.22% in year one, and rental yield reads 8.41% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 120.52% and total cumulative return in cash sums $111,463. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,956/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Single Family
Built in 1995
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27597, Zebulon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,589 (100%) |
| Owner Occupied HU | 10,303 (75.8%) |
| Renter Occupied HU | 2,656 (19.5%) |
| Vacant Housing Units | 630 ( 4.6%) |
| Median Home Value | $398,188 |
| Average Home Value | $526,668 |
Housing Distribution
Address Breakdown
Residential
13,292
Single Family
13,259
Multi-Family
33
Businesses
632
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Listed by: Elisabeth Mapley-Brittle • Anchored Realty Services LLC
Mls Name: Doorify MLS
Mls ID: #10142709