3709 Watkins WayFarmvilleNC27828
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 3709 Watkins Way, Farmville, NC, 27828 in Farmville is straightforward: $109,900 in, $875/mo in rent, $205/mo out after debt service. The 9.55% gross yield and 1.77 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $30,363 by year five. With $1,012/yr in principal equity, the total cumulative return is projected at $54,892.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $205 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $875 |
| Total Monthly Debt Service | $626 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alisha Helton • VMF Homes
Mls Name: My State MLS
Mls ID: #11606371