2359 Minnie Hall RdAutryvilleNC28318
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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 Autryville at 2359 Minnie Hall Rd, Autryville, NC, 28318 priced at $312,000 converts $2,914/mo rent into $1,013/mo cash flow after a $1,527/mo obligation. Total monthly income equals $2,914/mo, and annual cash flow totals $12,151/yr on $103,428 invested. Return on cash invested prints 31.66% in year one, and rental yield reads 11.21% against a $312,000 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation compiles into $86,200 by year five. Five-year ROI reaches 165.74% and total cumulative return in cash sums $171,419. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,914/mo property income covering a $1,527/mo payment, not borrower’s personal income.
Single Family
Built in 2023
1.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28318, Autryville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,948 (100%) |
| Owner Occupied HU | 1,403 (72.0%) |
| Renter Occupied HU | 298 (15.3%) |
| Vacant Housing Units | 247 (12.7%) |
| Median Home Value | $158,691 |
| Average Home Value | $212,414 |
Housing Distribution
Address Breakdown
Residential
1,952
Single Family
1,952
Multi-Family
0
Businesses
50
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Listed by: COREY TURNER • NORTHGROUP REAL ESTATE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #730919
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.