3623 Carl Allred Rd #3621FranklinvilleNC27248
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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 Franklinville at 3623 Carl Allred Rd #3621, Franklinville, NC, 27248 offers a 0% rental yield on a $340,000 purchase with $0/mo rent. 15% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27248, Franklinville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,897 (100%) |
| Owner Occupied HU | 1,366 (72.0%) |
| Renter Occupied HU | 373 (19.7%) |
| Vacant Housing Units | 158 ( 8.3%) |
| Median Home Value | $216,279 |
| Average Home Value | $261,018 |
Housing Distribution
Address Breakdown
Residential
1,793
Single Family
1,793
Multi-Family
0
Businesses
68
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Listed by: Josh Frye • Keller Williams Realty
Mls Name: Triad MLS
Mls ID: #1199606