311 Marlowe DrDunnNC28334
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Dunn at 311 Marlowe Dr, Dunn, NC, 28334 priced at $297,900 pairs $1,855/mo rent with $40/mo cash flow after a $1,458/mo payment. Total monthly income equals $1,855/mo, and annual cash flow comes to $474/yr on $98,754 invested. Return on cash invested is 20.39% in year one, and rental yield stands at 7.47% on a $297,900 basis. Equity gained on principal adds $1,922/yr, and 5% annual appreciation accumulates to $82,304 by year five. Five-year ROI measures 105.32% and total cumulative return in cash reaches $104,005. For financing, Ziffy Mortgage’s DSCR program evaluates $1,855/mo property income against a $1,458/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28334, Dunn, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,844 (100%) |
| Owner Occupied HU | 6,694 (61.7%) |
| Renter Occupied HU | 3,199 (29.5%) |
| Vacant Housing Units | 951 ( 8.8%) |
| Median Home Value | $267,672 |
| Average Home Value | $279,507 |
Housing Distribution
Address Breakdown
Residential
10,630
Single Family
10,396
Multi-Family
234
Businesses
879
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: GAIL ADAMS • RE/MAX SIGNATURE REALTY
Mls Name: LPRMLS
Mls ID: #754615