336 Fred Sutton RdWhittierNC28789
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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 Whittier at 336 Fred Sutton Rd, Whittier, NC, 28789 offers a 8.33% rental yield on a $262,000 purchase with $1,819/mo rent. Total monthly income registers $1,819/mo, and a $1,282/mo payment leaves $223/mo available for distribution. Annual cash flow reaches $2,671/yr on $86,853 to close, and return on cash invested stands at 22.98% in year one. Equity gained on principal adds $1,691/yr while 5% annual appreciation supports $72,386 over five years. Portfolio math shows five-year ROI at 119.23% and total cumulative return in cash at $103,557. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,819/mo property income against a $1,282/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28789, Whittier, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,801 (100%) |
| Owner Occupied HU | 1,973 (51.9%) |
| Renter Occupied HU | 663 (17.4%) |
| Vacant Housing Units | 1,165 (30.6%) |
| Median Home Value | $279,014 |
| Average Home Value | $359,721 |
Housing Distribution
Address Breakdown
Residential
2,496
Single Family
2,496
Multi-Family
0
Businesses
133
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Listed by: Lytisha Shuler • Keller Williams - Great Smokies - Bc
Mls Name: Carolina Smokies MLS
Mls ID: #26040692
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.