338 Potts Creek RdLinwoodNC27299
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 Linwood at 338 Potts Creek Rd, Linwood, NC, 27299 offers $1,811/mo rent that, after a $1,206/mo payment, leaves $309/mo cash flow. Total monthly income is $1,811/mo, and annual cash flow is $3,710/yr on $81,715 cash. Return on cash invested measures 24.45% in year one, and rental yield stands at 8.82% at a $246,500 entry. Equity gained on principal adds $1,591/yr while 5% annual appreciation compounds into $68,103 by year five. Five-year ROI records 127.1% and total cumulative return in cash reaches $103,863. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,811/mo property income versus a $1,206/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2021
3.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27299, Linwood, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,196 (100%) |
| Owner Occupied HU | 1,611 (73.4%) |
| Renter Occupied HU | 422 (19.2%) |
| Vacant Housing Units | 163 ( 7.4%) |
| Median Home Value | $265,625 |
| Average Home Value | $281,597 |
Housing Distribution
Address Breakdown
Residential
2,067
Single Family
2,067
Multi-Family
0
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Allison Monk • Whitetail Properties Real Estate
Mls Name: Triad MLS
Mls ID: #1198878