3566 N Mccullen RoadFaisonNC28341
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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
Investment property for sale in Faison at 3566 N Mccullen Road, Faison, NC, 28341 uses $71,273 cash to close to unlock $5,748/yr annual cash flow and $479/mo monthly cash flow. Total monthly income runs $1,789/mo, and a $1,052/mo payment keeps the spread at $479/mo. Purchase price stands at $215,000, and rental yield measures 9.99% with $1,789/mo rent. Return on cash invested shows 27.97% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 145.94% and total cumulative return in cash records $104,017. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,789/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Manufactured
Built in 1984
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28341, Faison, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,705 (100%) |
| Owner Occupied HU | 965 (56.6%) |
| Renter Occupied HU | 411 (24.1%) |
| Vacant Housing Units | 329 (19.3%) |
| Median Home Value | $166,023 |
| Average Home Value | $191,585 |
Housing Distribution
Address Breakdown
Residential
1,404
Single Family
1,378
Multi-Family
26
Businesses
83
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Listed by: Donald O'Meara • O'Meara Realty Group
Mls Name: Hive MLS
Mls ID: #100522205