3734 Carole DrSophiaNC27350
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
Investment property for sale in Sophia at 3734 Carole Dr, Sophia, NC, 27350 uses $41,438 cash to close to unlock $11,136/yr annual cash flow and $928/mo monthly cash flow. Total monthly income runs $1,690/mo, and a $612/mo payment keeps the spread at $928/mo. Purchase price stands at $125,000, and rental yield measures 16.22% with $1,690/mo rent. Return on cash invested shows 46.78% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 246.8% and total cumulative return in cash records $102,269. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,690/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27350, Sophia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,904 (100%) |
| Owner Occupied HU | 2,264 (78.0%) |
| Renter Occupied HU | 500 (17.2%) |
| Vacant Housing Units | 140 ( 4.8%) |
| Median Home Value | $223,946 |
| Average Home Value | $269,874 |
Housing Distribution
Address Breakdown
Residential
2,730
Single Family
2,668
Multi-Family
62
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie Brown • Howard Hanna Allen Tate-Asheboro
Mls Name: Triad MLS
Mls ID: #1203228