315 Ashurst RdCarthageNC28327
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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
Rental property for sale in Carthage at 315 Ashurst Rd, Carthage, NC, 28327 priced at $498,000 pairs $3,480/mo rent with $445/mo cash flow after a $2,437/mo payment. Total monthly income equals $3,480/mo, and annual cash flow comes to $5,345/yr on $165,087 invested. Return on cash invested is 23.15% in year one, and rental yield stands at 8.39% on a $498,000 basis. Equity gained on principal adds $3,214/yr, and 5% annual appreciation accumulates to $137,588 by year five. Five-year ROI measures 120.08% and total cumulative return in cash reaches $198,244. For financing, Ziffy Mortgage’s DSCR program evaluates $3,480/mo property income against a $2,437/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28327, Carthage, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,399 (100%) |
| Owner Occupied HU | 6,960 (74.1%) |
| Renter Occupied HU | 1,568 (16.7%) |
| Vacant Housing Units | 871 ( 9.3%) |
| Median Home Value | $388,515 |
| Average Home Value | $417,577 |
Housing Distribution
Address Breakdown
Residential
7,744
Single Family
7,726
Multi-Family
18
Businesses
386
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Listed by: N/A • Ascot
Mls Name: The Ascot Corporation
Mls ID: #N/A