35 Oakfield Trace DrFour OaksNC27524
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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
Rental property for sale in Four Oaks at 35 Oakfield Trace Dr, Four Oaks, NC, 27524 priced at $310,000 pairs $1,863/mo rent with after a $1,517/mo payment. Total monthly income equals $1,863/mo. Return on cash invested is 19.61% in year one, and rental yield stands at 7.21% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 101.08% and total cumulative return in cash reaches $103,879. For financing, Ziffy Mortgage’s DSCR program evaluates $1,863/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27524, Four Oaks, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,015 (100%) |
| Owner Occupied HU | 3,975 (66.1%) |
| Renter Occupied HU | 1,532 (25.5%) |
| Vacant Housing Units | 508 ( 8.4%) |
| Median Home Value | $297,490 |
| Average Home Value | $317,375 |
Housing Distribution
Address Breakdown
Residential
5,504
Single Family
5,470
Multi-Family
34
Businesses
220
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Listed by: Michelle Cencelewski • HomeTowne Realty
Mls Name: Doorify MLS
Mls ID: #10139790