3144 State Highway 62 ELibertyNC27298
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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 Liberty at 3144 State Highway 62 E, Liberty, NC, 27298 offers a 8.49% rental yield on a $315,000 purchase with $2,229/mo rent. Total monthly income registers $2,229/mo, and a $1,542/mo payment leaves $309/mo available for distribution. Annual cash flow reaches $3,708/yr on $104,423 to close, and return on cash invested stands at 23.46% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 121.75% and total cumulative return in cash at $127,133. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,229/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27298, Liberty, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,818 (100%) |
| Owner Occupied HU | 3,419 (71.0%) |
| Renter Occupied HU | 962 (20.0%) |
| Vacant Housing Units | 437 ( 9.1%) |
| Median Home Value | $280,287 |
| Average Home Value | $342,491 |
Housing Distribution
Address Breakdown
Residential
4,384
Single Family
4,384
Multi-Family
0
Businesses
256
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Listed by: Harry Sandford • AHB Realty and Property Mgt
Mls Name: Triad MLS
Mls ID: #1206941