2668 Reedy Branch RoadPurlearNC28665
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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 Purlear at 2668 Reedy Branch Road, Purlear, NC, 28665 earns $36/mo cash flow from $1,859/mo rent with a $1,444/mo payment. Total monthly income totals $1,859/mo, and annual cash flow totals $432/yr on $97,793 capital. ROI tracks 20.35% on current figures, and rental yield reads 7.56% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 105.18% and total cumulative return in cash sums $102,854. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,859/mo property income instead of your personal income.
Single Family
Built in 2002
5.34 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28665, Purlear, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,368 (100%) |
| Owner Occupied HU | 860 (62.9%) |
| Renter Occupied HU | 187 (13.7%) |
| Vacant Housing Units | 321 (23.5%) |
| Median Home Value | $205,952 |
| Average Home Value | $255,049 |
Housing Distribution
Address Breakdown
Residential
1,224
Single Family
1,224
Multi-Family
0
Businesses
27
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Listed by: Bruce Hill • Realty One Group Results-Boone
Mls Name: High Country AOR
Mls Provider:
Mls ID: #254880
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.