2685 Railroad StreetFarmvilleNC27828
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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 Farmville at 2685 Railroad Street, Farmville, NC, 27828 uses $59,670 cash to close to unlock $2,052/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $1,268/mo, and a $881/mo payment keeps the spread at $171/mo. Purchase price stands at $180,000, and rental yield measures 8.45% with $1,268/mo rent. Return on cash invested shows 23.35% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 121.13% and total cumulative return in cash records $72,281. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,268/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27828, Farmville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,865 (100%) |
| Owner Occupied HU | 2,133 (55.2%) |
| Renter Occupied HU | 1,215 (31.4%) |
| Vacant Housing Units | 517 (13.4%) |
| Median Home Value | $219,294 |
| Average Home Value | $249,511 |
Housing Distribution
Address Breakdown
Residential
3,775
Single Family
3,699
Multi-Family
76
Businesses
362
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Listed by: LightHouse Realty Group Team • Keller Williams Crystal Coast
Mls Name: Hive MLS
Mls ID: #100545453