318 N Elm StMaxtonNC28364
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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 Maxton at 318 N Elm St, Maxton, NC, 28364 uses $61,326 cash to close to unlock $8,568/yr annual cash flow and $714/mo monthly cash flow. Total monthly income runs $1,841/mo, and a $905/mo payment keeps the spread at $714/mo. Purchase price stands at $184,995, and rental yield measures 11.94% with $1,841/mo rent. Return on cash invested shows 33.88% in year one, and 5% annual appreciation builds toward $51,111 over five years. Five-year ROI reaches 177.62% and total cumulative return in cash records $108,925. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,841/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28364, Maxton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,130 (100%) |
| Owner Occupied HU | 3,460 (67.4%) |
| Renter Occupied HU | 1,082 (21.1%) |
| Vacant Housing Units | 588 (11.5%) |
| Median Home Value | $84,012 |
| Average Home Value | $108,186 |
Housing Distribution
Address Breakdown
Residential
4,908
Single Family
4,872
Multi-Family
36
Businesses
242
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Listed by: Andrea Ochoa • Collective Realty LLC
Mls Name: Triad MLS
Mls ID: #1199710