283 Taylors Creek Lot 17 WayGodwinNC28344
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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 Godwin at 283 Taylors Creek Lot 17 Way, Godwin, NC, 28344 earns $718/mo cash flow from $2,672/mo rent with a $1,556/mo payment. Total monthly income totals $2,672/mo, and annual cash flow totals $8,614/yr on $105,400 capital. ROI tracks 28.08% on current figures, and rental yield reads 10.08% at a $317,950 purchase. Equity gained on principal adds $2,052/yr, and 5% annual appreciation supports $87,844 over five years. Five-year ROI reaches 146.6% and total cumulative return in cash sums $154,519. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,672/mo property income instead of your personal income.
Single Family
Built in 2024
0.61 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28344, Godwin, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,273 (100%) |
| Owner Occupied HU | 918 (72.1%) |
| Renter Occupied HU | 253 (19.9%) |
| Vacant Housing Units | 102 ( 8.0%) |
| Median Home Value | $239,623 |
| Average Home Value | $255,961 |
Housing Distribution
Address Breakdown
Residential
1,259
Single Family
1,259
Multi-Family
0
Businesses
33
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Listed by: DARK HORSE GROUP POWERED BY LPT REALTY • LPT REALTY LLC
Mls Name: LPRMLS
Mls Provider:
Mls ID: #717894
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.