350 Ralph Hunt BlvdOrrumNC28369
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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 Orrum at 350 Ralph Hunt Blvd, Orrum, NC, 28369 offers $1,368/mo rent that, after a $833/mo payment, leaves $331/mo cash flow. Total monthly income is $1,368/mo, and annual cash flow is $3,970/yr on $56,392 cash. Return on cash invested measures 26.95% in year one, and rental yield stands at 9.65% at a $170,111 entry. Equity gained on principal adds $1,098/yr while 5% annual appreciation compounds into $46,999 by year five. Five-year ROI records 140.48% and total cumulative return in cash reaches $79,220. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,368/mo property income versus a $833/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28369, Orrum, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 920 (100%) |
| Owner Occupied HU | 640 (69.6%) |
| Renter Occupied HU | 167 (18.2%) |
| Vacant Housing Units | 113 (12.3%) |
| Median Home Value | $103,500 |
| Average Home Value | $139,148 |
Housing Distribution
Address Breakdown
Residential
895
Single Family
895
Multi-Family
0
Businesses
18
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Listed by: CONTRAIN HOLLINS • NOW FAITH REAL ESTATE, LLC.
Mls Name: LPRMLS
Mls ID: #750463