3045 Carolina Church RdParktonNC28371
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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 Parkton at 3045 Carolina Church Rd, Parkton, NC, 28371 generates $2,172/mo in rent and, after a $1,301/mo payment, leaves $473/mo in cash flow. Total monthly income is $2,172/mo, and annual cash flow is $5,679/yr on $88,146 invested. Return on cash invested sits at 26.35% in year one, and rental yield is 9.8% on a $265,900 entry. Equity gained on principal adds $1,716/yr, while 5% annual appreciation builds toward $73,463 over five years. Five-year ROI reaches 137.69% and total cumulative return in cash sums $121,366. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,172/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28371, Parkton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,814 (100%) |
| Owner Occupied HU | 1,822 (64.7%) |
| Renter Occupied HU | 740 (26.3%) |
| Vacant Housing Units | 252 ( 9.0%) |
| Median Home Value | $153,144 |
| Average Home Value | $179,734 |
Housing Distribution
Address Breakdown
Residential
2,919
Single Family
2,823
Multi-Family
96
Businesses
69
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Listed by: BLAIR EASTMAN • EXP REALTY LLC
Mls Name: LPRMLS
Mls Provider:
Mls ID: #737722
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.