228 Goldfinch LnMurphyNC28906
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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 Murphy at 228 Goldfinch Ln, Murphy, NC, 28906 generates $2,273/mo in rent, after a $1,835/mo payment. Total monthly income is $2,273/mo. Return on cash invested sits at 19.79% in year one, and rental yield is 7.27% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 102.08% and total cumulative return in cash sums $126,903. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,273/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28906, Murphy, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,243 (100%) |
| Owner Occupied HU | 8,280 (58.1%) |
| Renter Occupied HU | 1,714 (12.0%) |
| Vacant Housing Units | 4,249 (29.8%) |
| Median Home Value | $281,405 |
| Average Home Value | $314,832 |
Housing Distribution
Address Breakdown
Residential
11,666
Single Family
11,662
Multi-Family
4
Businesses
963
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Listed by: Elizabeth M Yeoman • EXIT Realty Mountain View Properties
Mls Name: GAMLS
Mls ID: #10654559