38 Bragg LnHurdle MillsNC27541
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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 Hurdle Mills at 38 Bragg Ln, Hurdle Mills, NC, 27541 with 5% annual appreciation on a $310,000 basis while $1,922/mo rent supports operations. Total monthly income totals $1,922/mo and a $1,517/mo payment preserves $33/mo for cash returns. Annual cash flow comes to $396/yr on $102,765 deployed, and return on cash invested reaches 20.29% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,647 alongside rental yield of 7.44%. Five-year ROI measures 104.77% and total cumulative return in cash totals $107,671.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,922/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27541, Hurdle Mills, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,814 (100%) |
| Owner Occupied HU | 1,404 (77.4%) |
| Renter Occupied HU | 241 (13.3%) |
| Vacant Housing Units | 169 ( 9.3%) |
| Median Home Value | $315,738 |
| Average Home Value | $336,985 |
Housing Distribution
Address Breakdown
Residential
1,715
Single Family
1,715
Multi-Family
0
Businesses
49
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Listed by: Lucinda Dudley • Keller Williams Central
Mls Name: Triad MLS
Mls ID: #1203373