301 Derby LnHope MillsNC28348
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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 Hope Mills at 301 Derby Ln, Hope Mills, NC, 28348 at $449,900 posts ROI 19.16% with from $2,697/mo rent. Total monthly income equals $2,697/mo. Return on cash invested measures 19.16% and rental yield reads 7.19% at the current $449,900. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 by year five. Five-year ROI prints 98.87% and total cumulative return in cash totals $147,454. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,697/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2014
0.53 Acres lot
$N/A/sqft
$577 annually 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: IRENA PRICE • COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #754612
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.