28 Maple AveElizabethtownNC28337
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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 Elizabethtown at 28 Maple Ave, Elizabethtown, NC, 28337 generates $2,253/mo in rent and, after a $1,566/mo payment, leaves $303/mo in cash flow. Total monthly income is $2,253/mo, and annual cash flow is $3,637/yr on $106,047 invested. Return on cash invested sits at 23.34% in year one, and rental yield is 8.45% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 121.14% and total cumulative return in cash sums $128,468. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,253/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28337, Elizabethtown, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,345 (100%) |
| Owner Occupied HU | 2,624 (49.1%) |
| Renter Occupied HU | 1,358 (25.4%) |
| Vacant Housing Units | 1,363 (25.5%) |
| Median Home Value | $234,913 |
| Average Home Value | $263,846 |
Housing Distribution
Address Breakdown
Residential
4,199
Single Family
4,078
Multi-Family
121
Businesses
476
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Listed by: KENNETH REGISTER • GLOBAL REALTY LLC
Mls Name: LPRMLS
Mls ID: #751299