288 Barewood DrFour OaksNC27524
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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 Four Oaks at 288 Barewood Dr, Four Oaks, NC, 27524 uses $95,804 cash to close to unlock $4,934/yr annual cash flow and $411/mo monthly cash flow. Total monthly income runs $2,173/mo, and a $1,415/mo payment keeps the spread at $411/mo. Purchase price stands at $289,000, and rental yield measures 9.02% with $2,173/mo rent. Return on cash invested shows 25.06% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 130.38% and total cumulative return in cash records $124,910. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,173/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 2017
1.53 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
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Listed by: Christie Yarbrough • RE/MAX United
Mls Name: Doorify MLS
Mls ID: #10123826