320 School House RdEflandNC27243
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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 Efland at 320 School House Rd, Efland, NC, 27243 with 5% annual appreciation on a $239,000 basis while $2,072/mo rent supports operations. Total monthly income totals $2,072/mo and a $1,170/mo payment preserves $615/mo for cash returns. Annual cash flow comes to $7,382/yr on $79,229 deployed, and return on cash invested reaches 29.23% in year one. Equity gained on principal adds $1,542/yr, and five-year appreciation sums $66,031 alongside rental yield of 10.4%. Five-year ROI measures 152.75% and total cumulative return in cash totals $121,020.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,072/mo property income versus a $1,170/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27243, Efland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,037 (100%) |
| Owner Occupied HU | 1,609 (79.0%) |
| Renter Occupied HU | 292 (14.3%) |
| Vacant Housing Units | 136 ( 6.7%) |
| Median Home Value | $331,623 |
| Average Home Value | $413,126 |
Housing Distribution
Address Breakdown
Residential
1,885
Single Family
1,885
Multi-Family
0
Businesses
88
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Listed by: Alex Nickodem • Compass -- Chapel Hill - Durham
Mls Name: Doorify MLS
Mls ID: #10129460