31 Turtle Cove DrWhite LakeNC28337
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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
Total monthly income runs $3,960/mo, and a $6,608/mo payment. Purchase price stands at $1,350,000, and rental yield measures 3.52% with $3,960/mo rent. Return on cash invested shows 8.61% in year one, and 5% annual appreciation builds toward $372,980 over five years. Five-year ROI reaches 42.02% and total cumulative return in cash records $183,797. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,960/mo property income covering a $6,608/mo payment rather than investor’s personal income.
Single Family
Built in 2000
N/A lot
$N/A/sqft
$240 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28337, Elizabethtown, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,345 (100%) |
| Owner Occupied HU | 2,624 (49.1%) |
| Renter Occupied HU | 1,358 (25.4%) |
| Vacant Housing Units | 1,363 (25.5%) |
| Median Home Value | $234,913 |
| Average Home Value | $263,846 |
Housing Distribution
Address Breakdown
Residential
4,199
Single Family
4,078
Multi-Family
121
Businesses
476
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Listed by: KENNETH REGISTER • GLOBAL REALTY LLC
Mls Name: LPRMLS
Mls Provider:
Mls ID: #750019
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.