23121 Marston RdLaurel HillNC28351
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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 Laurel Hill at 23121 Marston Rd, Laurel Hill, NC, 28351 uses $56,322 cash to close to unlock $4,261/yr annual cash flow and $355/mo monthly cash flow. Total monthly income runs $1,391/mo, and a $832/mo payment keeps the spread at $355/mo. Purchase price stands at $169,900, and rental yield measures 9.82% with $1,391/mo rent. Return on cash invested shows 27.48% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 143.37% and total cumulative return in cash records $80,750. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,391/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28351, Laurel Hill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,009 (100%) |
| Owner Occupied HU | 1,286 (64.0%) |
| Renter Occupied HU | 510 (25.4%) |
| Vacant Housing Units | 213 (10.6%) |
| Median Home Value | $88,654 |
| Average Home Value | $158,377 |
Housing Distribution
Address Breakdown
Residential
1,913
Single Family
1,913
Multi-Family
0
Businesses
70
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Listed by: COYE SANDERS • CAROLINAS FULL SERVICE REALTY, INC.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #741353
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.