3361 Old Fairground RdAngierNC27501
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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 Angier at 3361 Old Fairground Rd, Angier, NC, 27501 offers a 7.42% rental yield on a $445,000 purchase with $2,753/mo rent. Total monthly income registers $2,753/mo, and a $2,178/mo payment leaves $41/mo available for distribution. Annual cash flow reaches $492/yr on $147,518 to close, and return on cash invested stands at 20.24% in year one. Equity gained on principal adds $2,872/yr while 5% annual appreciation supports $122,945 over five years. Portfolio math shows five-year ROI at 104.49% and total cumulative return in cash at $154,136. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,753/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27501, Angier, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,569 (100%) |
| Owner Occupied HU | 7,115 (74.4%) |
| Renter Occupied HU | 1,944 (20.3%) |
| Vacant Housing Units | 510 ( 5.3%) |
| Median Home Value | $342,992 |
| Average Home Value | $353,137 |
Housing Distribution
Address Breakdown
Residential
9,345
Single Family
9,313
Multi-Family
32
Businesses
492
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Listed by: Gregory Bragg • SECU*RE Inc.
Mls Name: Doorify MLS
Mls ID: #10130738