341 Gadson DrHope MillsNC28348
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
Investment property for sale in Hope Mills at 341 Gadson Dr, Hope Mills, NC, 28348 earns $419/mo cash flow from $2,857/mo rent with a $1,958/mo payment. Total monthly income totals $2,857/mo, and annual cash flow totals $5,029/yr on $132,583 capital. ROI tracks 23.7% on current figures, and rental yield reads 8.57% at a $399,950 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,499 over five years. Five-year ROI reaches 123.08% and total cumulative return in cash sums $163,188. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,857/mo property income instead of your personal income.
Single Family
Built in 2019
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TIER ONE REAL ESTATE SERVICES • COLDWELL BANKER ADVANTAGE - YADKIN ROAD
Mls Name: LPRMLS
Mls ID: #750667