307 Phillips StWhitevilleNC28472
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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 Whiteville at 307 Phillips St, Whiteville, NC, 28472 listed at $130,000 pairs $1,023/mo rent with a $636/mo payment to leave $231/mo cash flow. Total monthly income runs $1,023/mo, and annual cash flow reaches $2,772/yr on $43,095 cash to close. Return on cash invested measures 26.34% in year one, and rental yield registers 9.44% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 137.2% and total cumulative return in cash totals $59,127. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,023/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28472, Whiteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,977 (100%) |
| Owner Occupied HU | 4,832 (60.6%) |
| Renter Occupied HU | 2,243 (28.1%) |
| Vacant Housing Units | 902 (11.3%) |
| Median Home Value | $189,085 |
| Average Home Value | $229,803 |
Housing Distribution
Address Breakdown
Residential
7,988
Single Family
7,847
Multi-Family
141
Businesses
1,110
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Listed by: TYRELL TAYLOR AND ASSOCIATES TEAM • EXP REALTY LLC
Mls Name: LPRMLS
Mls Provider:
Mls ID: #748599
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.