2517 N Old Franklin RdSpring HopeNC27882
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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 Spring Hope at 2517 N Old Franklin Rd, Spring Hope, NC, 27882 earns $556/mo cash flow from $1,562/mo rent with a $808/mo payment. Total monthly income totals $1,562/mo, and annual cash flow totals $6,672/yr on $54,698 capital. ROI tracks 32.11% on current figures, and rental yield reads 11.36% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 168.12% and total cumulative return in cash sums $91,955. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,562/mo property income instead of your personal income.
Single Family
Built in 1971
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27882, Spring Hope, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,612 (100%) |
| Owner Occupied HU | 2,273 (62.9%) |
| Renter Occupied HU | 909 (25.2%) |
| Vacant Housing Units | 430 (11.9%) |
| Median Home Value | $232,500 |
| Average Home Value | $272,079 |
Housing Distribution
Address Breakdown
Residential
3,299
Single Family
3,299
Multi-Family
0
Businesses
191
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Listed by: Claudio Acevedo • Logos Family Realty LLC
Mls Name: Doorify MLS
Mls ID: #10142882