254 Seminole TrailElk ParkNC28622
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
Investment property for sale in Elk Park at 254 Seminole Trail, Elk Park, NC, 28622 at $450,000 posts ROI 20.74% with $103/mo cash flow from $2,846/mo rent. Total monthly income equals $2,846/mo, and annual cash flow records $1,236/yr on $149,175 to close. Return on cash invested measures 20.74% and rental yield reads 7.59% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 107.15% and total cumulative return in cash totals $159,846.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,846/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
11.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28622, Elk Park, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,449 (100%) |
| Owner Occupied HU | 819 (56.5%) |
| Renter Occupied HU | 254 (17.5%) |
| Vacant Housing Units | 376 (25.9%) |
| Median Home Value | $243,699 |
| Average Home Value | $309,939 |
Housing Distribution
Address Breakdown
Residential
1,016
Single Family
961
Multi-Family
55
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Barker • Premier Sotheby's Int'l Realty
Mls Name: High Country AOR
Mls ID: #257608