2471 Englemann Dr #367New HillNC27562
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2471 Englemann Dr #367, New Hill, NC, 27562 in New Hill is a solid income-producing rental, 8.17% gross yield, $2,790/mo rent, $291/mo net cash flow on a $410,000 buy. DSCR 1.51 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $113,275 and $3,776/yr in principal reduction project a total cumulative return of $174,017.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $291 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,790 |
| Total Monthly Debt Service | $2,336 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2025
3,049 sqft lot
$N/A/sqft
No HOA
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
Townhouse
Built in 2025
3,049 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeannette Gordon • M/I Homes of Raleigh LLC
Mls Name: Doorify MLS
Mls ID: #10129788