284 Johnson Ridge WayFour OaksNC27524
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Four Oaks at 284 Johnson Ridge Way, Four Oaks, NC, 27524 with 5% annual appreciation on a $311,684 basis while $2,250/mo rent supports operations. Total monthly income totals $2,250/mo and a $1,526/mo payment preserves $350/mo for cash returns. Annual cash flow comes to $4,200/yr on $103,323 deployed, and return on cash invested reaches 23.97% in year one. Equity gained on principal adds $2,011/yr, and five-year appreciation sums $86,113 alongside rental yield of 8.66%. Five-year ROI measures 124.51% and total cumulative return in cash totals $128,648.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,250/mo property income versus a $1,526/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27524, Four Oaks, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,015 (100%) |
| Owner Occupied HU | 3,975 (66.1%) |
| Renter Occupied HU | 1,532 (25.5%) |
| Vacant Housing Units | 508 ( 8.4%) |
| Median Home Value | $297,490 |
| Average Home Value | $317,375 |
Housing Distribution
Address Breakdown
Residential
5,504
Single Family
5,470
Multi-Family
34
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: NORAIDA RIOS • Chanticleer Properties LLC
Mls Name: Doorify MLS
Mls ID: #10117737