370 Long View DrFranklintonNC27525
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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 Franklinton at 370 Long View Dr, Franklinton, NC, 27525 uses $140,887 cash to close to unlock $2,664/yr annual cash flow and $222/mo monthly cash flow. Total monthly income runs $2,812/mo, and a $2,080/mo payment keeps the spread at $222/mo. Purchase price stands at $424,999, and rental yield measures 7.94% with $2,812/mo rent. Return on cash invested shows 21.8% in year one, and 5% annual appreciation builds toward $117,419 over five years. Five-year ROI reaches 112.84% and total cumulative return in cash records $158,980. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,812/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 2008
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27525, Franklinton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,436 (100%) |
| Owner Occupied HU | 6,513 (77.2%) |
| Renter Occupied HU | 1,460 (17.3%) |
| Vacant Housing Units | 463 ( 5.5%) |
| Median Home Value | $299,711 |
| Average Home Value | $319,419 |
Housing Distribution
Address Breakdown
Residential
7,989
Single Family
7,893
Multi-Family
96
Businesses
271
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Listed by: Latisha Richmond • CKG Realty LLC
Mls Name: Triad MLS
Mls ID: #1200010