242 Deer WayMarbleNC28905
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Marble at 242 Deer Way, Marble, NC, 28905 priced at $204,000 pairs $1,440/mo rent with $197/mo cash flow after a $998/mo payment. Total monthly income equals $1,440/mo, and annual cash flow comes to $2,366/yr on $67,626 invested. Return on cash invested is 23.41% in year one, and rental yield stands at 8.47% on a $204,000 basis. Equity gained on principal adds $1,316/yr, and 5% annual appreciation accumulates to $56,361 by year five. Five-year ROI measures 121.54% and total cumulative return in cash reaches $82,192. For financing, Ziffy Mortgage’s DSCR program evaluates $1,440/mo property income against a $998/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28905, Marble, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,832 (100%) |
| Owner Occupied HU | 1,181 (64.5%) |
| Renter Occupied HU | 320 (17.5%) |
| Vacant Housing Units | 331 (18.1%) |
| Median Home Value | $258,529 |
| Average Home Value | $355,485 |
Housing Distribution
Address Breakdown
Residential
1,351
Single Family
1,351
Multi-Family
0
Businesses
81
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Listed by: Falcon Morris • REMAX Town & Country - Murphy
Mls Name: NGBOR
Mls ID: #417510