35 Utah CtSpring LakeNC28390
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 Spring Lake at 35 Utah Ct, Spring Lake, NC, 28390 at $321,100 posts ROI 20.28% with $33/mo cash flow from $2,040/mo rent. Total monthly income equals $2,040/mo, and annual cash flow records $392/yr on $106,445 to close. Return on cash invested measures 20.28% and rental yield reads 7.62% at the current $321,100. Equity gained on principal adds $2,072/yr, and 5% annual appreciation supports $88,714 by year five. Five-year ROI prints 104.9% and total cumulative return in cash totals $111,660.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,040/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
N/A lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28390, Spring Lake, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,066 (100%) |
| Owner Occupied HU | 4,891 (44.2%) |
| Renter Occupied HU | 4,958 (44.8%) |
| Vacant Housing Units | 1,217 (11.0%) |
| Median Home Value | $271,254 |
| Average Home Value | $262,656 |
Housing Distribution
Address Breakdown
Residential
10,417
Single Family
8,619
Multi-Family
1,798
Businesses
619
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Dream Finders Homes
Mls Name: Dream Finders Homes
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Mls ID: #N/A