3621 NC Highway 113 HighwayLaurel SpringsNC28644
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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 Laurel Springs at 3621 NC Highway 113 Highway, Laurel Springs, NC, 28644 offers a 4.46% rental yield on a $349,000 purchase with $1,298/mo rent. 31% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 56.63% and total cumulative return in cash at $65,520. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,298/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
43.08 Acres lot
$N/A/sqft
No HOA
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Listed by: Sherrie Edwards • 4 Seasons Vacation Rentals & Sales
Mls Name: High Country AOR
Mls Provider:
Mls ID: #254548
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.