2823 Cranberry Creek RoadLaurel SpringsNC28644
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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 Laurel Springs at 2823 Cranberry Creek Road, Laurel Springs, NC, 28644 listed at $475,000 pairs $2,354/mo rent with a $2,325/mo payment. Total monthly income runs $2,354/mo. Return on cash invested measures 15.79% in year one, and rental yield registers 5.95% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 80.59% and total cumulative return in cash totals $126,907. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,354/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
4.70 Acres lot
$N/A/sqft
No HOA
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Listed by: Brandi Hurley • Regency Properties
Mls Name: High Country AOR
Mls Provider:
Mls ID: #256513
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.