239 Mangrove CtFour OaksNC27524
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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 Four Oaks at 239 Mangrove Ct, Four Oaks, NC, 27524 offers a 7.65% rental yield on a $352,500 purchase with $2,246/mo rent. Total monthly income registers $2,246/mo, and a $1,725/mo payment leaves $83/mo available for distribution. Annual cash flow reaches $996/yr on $116,854 to close, and return on cash invested stands at 20.76% in year one. Equity gained on principal adds $2,275/yr while 5% annual appreciation supports $97,389 over five years. Portfolio math shows five-year ROI at 107.33% and total cumulative return in cash at $125,419. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,246/mo property income against a $1,725/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
2.06 Acres lot
$N/A/sqft
$180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27524, Four Oaks, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,015 (100%) |
| Owner Occupied HU | 3,975 (66.1%) |
| Renter Occupied HU | 1,532 (25.5%) |
| Vacant Housing Units | 508 ( 8.4%) |
| Median Home Value | $297,490 |
| Average Home Value | $317,375 |
Housing Distribution
Address Breakdown
Residential
5,504
Single Family
5,470
Multi-Family
34
Businesses
220
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Listed by: Ron Lee • RE/MAX SOUTHLAND REALTY II
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10131424
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.