326 Glee StreetHope MillsNC28348
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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 Hope Mills at 326 Glee Street, Hope Mills, NC, 28348 earns $5/mo cash flow from $2,355/mo rent with a $1,887/mo payment. Total monthly income totals $2,355/mo, and annual cash flow totals $65/yr on $127,793 capital. ROI tracks 19.96% on current figures, and rental yield reads 7.33% at a $385,500 purchase. Equity gained on principal adds $2,488/yr, and 5% annual appreciation supports $106,507 over five years. Five-year ROI reaches 103% and total cumulative return in cash sums $131,627. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,355/mo property income instead of your personal income.
Single Family
Built in 2023
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28348, Hope Mills, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,809 (100%) |
| Owner Occupied HU | 9,909 (66.9%) |
| Renter Occupied HU | 4,097 (27.7%) |
| Vacant Housing Units | 803 ( 5.4%) |
| Median Home Value | $251,947 |
| Average Home Value | $268,694 |
Housing Distribution
Address Breakdown
Residential
15,019
Single Family
13,982
Multi-Family
1,037
Businesses
579
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Listed by: Cynthia Diamond • Berkshire Hathaway HS Pinehurst Realty Group/PH
Mls Name: Hive MLS
Mls ID: #100547076