3646 Shady Brook DrFranklinvilleNC27248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $2,002/mo, and a $1,654/mo payment. Purchase price stands at $337,900, and rental yield measures 7.11% with $2,002/mo rent. Return on cash invested shows 19.29% in year one, and 5% annual appreciation builds toward $93,356 over five years. Five-year ROI reaches 99.43% and total cumulative return in cash records $111,379. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,002/mo property income covering a $1,654/mo payment rather than investor’s personal income.
Single Family
Built in 1989
5.10 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Street • Street Realty, LLC
Mls Name: Triad MLS
Mls ID: #1188294