303 Rosin Hill StSpring HopeNC27882
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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
Rental property for sale in Spring Hope at 303 Rosin Hill St, Spring Hope, NC, 27882 generates $1,281/mo in rent and, after a $538/mo payment, leaves $600/mo in cash flow. Total monthly income is $1,281/mo, and annual cash flow is $7,200/yr on $36,465 invested. Return on cash invested sits at 39.65% in year one, and rental yield is 13.97% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 208.7% and total cumulative return in cash sums $76,104. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,281/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27882, Spring Hope, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,612 (100%) |
| Owner Occupied HU | 2,273 (62.9%) |
| Renter Occupied HU | 909 (25.2%) |
| Vacant Housing Units | 430 (11.9%) |
| Median Home Value | $232,500 |
| Average Home Value | $272,079 |
Housing Distribution
Address Breakdown
Residential
3,299
Single Family
3,299
Multi-Family
0
Businesses
191
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Listed by: Mario Marquel Brown • Costello Real Estate & Investm
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10109902
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.