312 S Wooten StLa GrangeNC28551
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 La Grange at 312 S Wooten St, La Grange, NC, 28551 at $139,900 posts ROI 27.03% with $275/mo cash flow from $1,128/mo rent. Total monthly income equals $1,128/mo, and annual cash flow records $3,301/yr on $46,377 to close. Return on cash invested measures 27.03% and rental yield reads 9.68% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 140.97% and total cumulative return in cash totals $65,379.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,128/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28551, La Grange, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,818 (100%) |
| Owner Occupied HU | 3,583 (61.6%) |
| Renter Occupied HU | 1,525 (26.2%) |
| Vacant Housing Units | 710 (12.2%) |
| Median Home Value | $182,914 |
| Average Home Value | $233,400 |
Housing Distribution
Address Breakdown
Residential
6,017
Single Family
5,994
Multi-Family
23
Businesses
299
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Nearby investment properties with comparable prices
Listed by: Carmen Revlon • Max Market Realty LLC
Mls Name: Doorify MLS
Mls ID: #10133943