3639 Lori Ann RdBaileyNC27807
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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 Bailey at 3639 Lori Ann Rd, Bailey, NC, 27807 offers a 6.84% rental yield on a $335,000 purchase with $1,909/mo rent. 47% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 95.01% and total cumulative return in cash at $105,512. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,909/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27807, Bailey, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,944 (100%) |
| Owner Occupied HU | 1,996 (67.8%) |
| Renter Occupied HU | 712 (24.2%) |
| Vacant Housing Units | 236 ( 8.0%) |
| Median Home Value | $226,039 |
| Average Home Value | $252,680 |
Housing Distribution
Address Breakdown
Residential
2,881
Single Family
2,881
Multi-Family
0
Businesses
110
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Listed by: SYLVESTER LOVING • ASSURANCE REALTY LLC.
Mls Name: LPRMLS
Mls ID: #754141