3110 Hall RdFranklinvilleNC27248
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
Investment property for sale in Franklinville at 3110 Hall Rd, Franklinville, NC, 27248 listed at $310,000 pairs $1,612/mo rent with a $1,517/mo payment. Total monthly income runs $1,612/mo. Return on cash invested measures 16.67% in year one, and rental yield registers 6.24% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 85.36% and total cumulative return in cash totals $87,715. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,612/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
7.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27248, Franklinville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,897 (100%) |
| Owner Occupied HU | 1,366 (72.0%) |
| Renter Occupied HU | 373 (19.7%) |
| Vacant Housing Units | 158 ( 8.3%) |
| Median Home Value | $216,279 |
| Average Home Value | $261,018 |
Housing Distribution
Address Breakdown
Residential
1,793
Single Family
1,793
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ellen Linthicum • Gateway Properties and Development
Mls Name: Triad MLS
Mls ID: #1204457