264 Hay Field DrLillingtonNC27546
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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
Rental property for sale in Lillington at 264 Hay Field Dr, Lillington, NC, 27546 priced at $399,900 converts $2,671/mo rent into $234/mo cash flow after a $1,957/mo obligation. Total monthly income equals $2,671/mo, and annual cash flow totals $2,809/yr on $132,567 invested. Return on cash invested prints 22.03% in year one, and rental yield reads 8.02% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 114.1% and total cumulative return in cash sums $151,256. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,671/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27546, Lillington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,340 (100%) |
| Owner Occupied HU | 5,690 (60.9%) |
| Renter Occupied HU | 2,571 (27.5%) |
| Vacant Housing Units | 1,079 (11.6%) |
| Median Home Value | $323,477 |
| Average Home Value | $334,710 |
Housing Distribution
Address Breakdown
Residential
8,659
Single Family
8,060
Multi-Family
599
Businesses
536
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Listed by: Robyn Roberts • HOMEBOUND REALTY LLC
Mls Name: Doorify MLS
Mls ID: #10138789