2935 Peacock StHope MillsNC28348
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 Hope Mills at 2935 Peacock St, Hope Mills, NC, 28348 at $189,000 posts ROI 27.19% with $380/mo cash flow from $1,532/mo rent. Total monthly income equals $1,532/mo, and annual cash flow records $4,562/yr on $62,654 to close. Return on cash invested measures 27.19% and rental yield reads 9.73% at the current $189,000. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 by year five. Five-year ROI prints 141.84% and total cumulative return in cash totals $88,870.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,532/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28348, Hope Mills, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,809 (100%) |
| Owner Occupied HU | 9,909 (66.9%) |
| Renter Occupied HU | 4,097 (27.7%) |
| Vacant Housing Units | 803 ( 5.4%) |
| Median Home Value | $251,947 |
| Average Home Value | $268,694 |
Housing Distribution
Address Breakdown
Residential
15,019
Single Family
13,982
Multi-Family
1,037
Businesses
579
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Listed by: BRITTANY BAILEY • RE/MAX CHOICE
Mls Name: LPRMLS
Mls ID: #747396