37 Jernigan RdPembrokeNC28372
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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 Pembroke at 37 Jernigan Rd, Pembroke, NC, 28372 listed at $159,900 pairs $1,531/mo rent with a $783/mo payment to leave $556/mo cash flow. Total monthly income runs $1,531/mo, and annual cash flow reaches $6,673/yr on $53,007 cash to close. Return on cash invested measures 32.5% in year one, and rental yield registers 11.49% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 170.32% and total cumulative return in cash totals $90,282. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,531/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28372, Pembroke, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,141 (100%) |
| Owner Occupied HU | 2,958 (57.5%) |
| Renter Occupied HU | 1,836 (35.7%) |
| Vacant Housing Units | 347 ( 6.7%) |
| Median Home Value | $145,486 |
| Average Home Value | $167,226 |
Housing Distribution
Address Breakdown
Residential
4,351
Single Family
3,576
Multi-Family
775
Businesses
344
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Listed by: BRIAN BREWINGTON • 1ST CHOICE REAL ESTATE
Mls Name: LPRMLS
Mls ID: #751256