3193 Mission Olive Pl #351New HillNC27562
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 3193 Mission Olive Pl #351, New Hill, NC, 27562 in New Hill is narrow, $36/mo net on $2,790/mo rent after the $1,884/mo debt service, but the property operates at break-even-plus, not a loss. At $419,000 with a 7.99% yield, the long-run equity case via 5% appreciation ($115,762 over five years) and $3,859/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.48 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $161,973.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $36 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,790 |
| Total Monthly Debt Service | $2,587 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2025
2,178 sqft lot
$N/A/sqft
$200 monthly HOA
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
Townhouse
Built in 2025
2,178 sqft lot
$N/A/sqft
$200 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alison Hicks • M/I Homes of Raleigh LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10102318
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.