280 Meadow Creek LnMurphyNC28906
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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 Murphy at 280 Meadow Creek Ln, Murphy, NC, 28906 earns $370/mo cash flow from $2,040/mo rent with a $1,341/mo payment. Total monthly income totals $2,040/mo, and annual cash flow totals $4,442/yr on $90,831 capital. ROI tracks 24.8% on current figures, and rental yield reads 8.93% at a $274,000 purchase. Equity gained on principal adds $1,768/yr, and 5% annual appreciation supports $75,701 over five years. Five-year ROI reaches 128.98% and total cumulative return in cash sums $117,153. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,040/mo property income instead of your personal income.
Single Family
Built in 2012
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28906, Murphy, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,243 (100%) |
| Owner Occupied HU | 8,280 (58.1%) |
| Renter Occupied HU | 1,714 (12.0%) |
| Vacant Housing Units | 4,249 (29.8%) |
| Median Home Value | $281,405 |
| Average Home Value | $314,832 |
Housing Distribution
Address Breakdown
Residential
11,666
Single Family
11,662
Multi-Family
4
Businesses
963
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Listed by: The Mountain Life Team • Keller Williams Elevate
Mls Name: NGBOR
Mls ID: #419744