284 Napier RdCarthageNC28327
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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 Carthage at 284 Napier Rd, Carthage, NC, 28327 at $180,000 posts ROI 29.54% with $479/mo cash flow from $1,576/mo rent. Total monthly income equals $1,576/mo, and annual cash flow records $5,748/yr on $59,670 to close. Return on cash invested measures 29.54% and rental yield reads 10.51% at the current $180,000. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 by year five. Five-year ROI prints 154.34% and total cumulative return in cash totals $92,093.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,576/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28327, Carthage, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,399 (100%) |
| Owner Occupied HU | 6,960 (74.1%) |
| Renter Occupied HU | 1,568 (16.7%) |
| Vacant Housing Units | 871 ( 9.3%) |
| Median Home Value | $388,515 |
| Average Home Value | $417,577 |
Housing Distribution
Address Breakdown
Residential
7,744
Single Family
7,726
Multi-Family
18
Businesses
386
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Listed by: GRAY HERNANDEZ • ERA STROTHER REAL ESTATE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #732005
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.