25 Bourne DrFranklintonNC27525
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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 Franklinton at 25 Bourne Dr, Franklinton, NC, 27525 offers a 7.91% rental yield on a $400,000 purchase with $2,637/mo rent. Total monthly income registers $2,637/mo, and a $1,958/mo payment leaves $199/mo available for distribution. Annual cash flow reaches $2,388/yr on $132,600 to close, and return on cash invested stands at 21.71% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 112.36% and total cumulative return in cash at $148,996. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,637/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27525, Franklinton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,436 (100%) |
| Owner Occupied HU | 6,513 (77.2%) |
| Renter Occupied HU | 1,460 (17.3%) |
| Vacant Housing Units | 463 ( 5.5%) |
| Median Home Value | $299,711 |
| Average Home Value | $319,419 |
Housing Distribution
Address Breakdown
Residential
7,989
Single Family
7,893
Multi-Family
96
Businesses
271
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Listed by: Joseph Terry Wells • Real Broker, LLC
Mls Name: Doorify MLS
Mls ID: #10116075