2363 Bear Creek Church RdBear CreekNC27207
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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 Bear Creek at 2363 Bear Creek Church Rd, Bear Creek, NC, 27207 offers a 9.2% rental yield on a $219,900 purchase with $1,686/mo rent. Total monthly income registers $1,686/mo, and a $1,076/mo payment leaves $346/mo available for distribution. Annual cash flow reaches $4,153/yr on $72,897 to close, and return on cash invested stands at 25.61% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 133.33% and total cumulative return in cash at $97,192. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,686/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27207, Bear Creek, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,608 (100%) |
| Owner Occupied HU | 1,233 (76.7%) |
| Renter Occupied HU | 238 (14.8%) |
| Vacant Housing Units | 137 ( 8.5%) |
| Median Home Value | $225,311 |
| Average Home Value | $303,573 |
Housing Distribution
Address Breakdown
Residential
1,560
Single Family
1,560
Multi-Family
0
Businesses
71
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Listed by: Martha Lucas • RE/MAX United
Mls Name: Doorify MLS
Mls ID: #10121720