335 Davis Creek RdMurphyNC28906
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
Investment Highlights
Rental property for sale in Murphy at 335 Davis Creek Rd, Murphy, NC, 28906 priced at $304,900 pairs $2,093/mo rent with $235/mo cash flow after a $1,492/mo payment. Total monthly income equals $2,093/mo, and annual cash flow comes to $2,821/yr on $101,074 invested. Return on cash invested is 22.7% in year one, and rental yield stands at 8.24% on a $304,900 basis. Equity gained on principal adds $1,967/yr, and 5% annual appreciation accumulates to $84,238 by year five. Five-year ROI measures 117.73% and total cumulative return in cash reaches $118,994. For financing, Ziffy Mortgage’s DSCR program evaluates $2,093/mo property income against a $1,492/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
8.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28906, Murphy, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,243 (100%) |
| Owner Occupied HU | 8,280 (58.1%) |
| Renter Occupied HU | 1,714 (12.0%) |
| Vacant Housing Units | 4,249 (29.8%) |
| Median Home Value | $281,405 |
| Average Home Value | $314,832 |
Housing Distribution
Address Breakdown
Residential
11,666
Single Family
11,662
Multi-Family
4
Businesses
963
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Listed by: Kent McFarland • EXIT Realty Mtn View Prop.
Mls Name: Mountain Lakes BOR
Mls ID: #153600