3709 Watkins WayFarmvilleNC27828
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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 Farmville at 3709 Watkins Way, Farmville, NC, 27828 earns $205/mo cash flow from $875/mo rent with a $538/mo payment. Total monthly income totals $875/mo, and annual cash flow totals $2,461/yr on $36,432 capital. ROI tracks 26.67% on current figures, and rental yield reads 9.55% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 139.08% and total cumulative return in cash sums $50,668. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $875/mo property income instead of your personal income.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27828, Farmville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,865 (100%) |
| Owner Occupied HU | 2,133 (55.2%) |
| Renter Occupied HU | 1,215 (31.4%) |
| Vacant Housing Units | 517 (13.4%) |
| Median Home Value | $219,294 |
| Average Home Value | $249,511 |
Housing Distribution
Address Breakdown
Residential
3,775
Single Family
3,699
Multi-Family
76
Businesses
362
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Listed by: Alisha Helton • VMF Homes
Mls Name: My State MLS
Mls ID: #11606371