284 Derwin DrTimberlakeNC27583
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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
Total monthly income runs $2,194/mo, and a $2,863/mo payment. Purchase price stands at $584,900, and rental yield measures 4.5% with $2,194/mo rent. Return on cash invested shows 11.51% in year one, and 5% annual appreciation builds toward $161,597 over five years. Five-year ROI reaches 57.68% and total cumulative return in cash records $110,987. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,194/mo property income covering a $2,863/mo payment rather than investor’s personal income.
Single Family
Built in 2025
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27583, Timberlake, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,156 (100%) |
| Owner Occupied HU | 2,561 (81.1%) |
| Renter Occupied HU | 411 (13.0%) |
| Vacant Housing Units | 184 ( 5.8%) |
| Median Home Value | $256,794 |
| Average Home Value | $290,875 |
Housing Distribution
Address Breakdown
Residential
3,077
Single Family
3,077
Multi-Family
0
Businesses
97
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Listed by: Lionel Finley • The Carolina Agency LLC
Mls Name: Doorify MLS
Mls ID: #10125702