380 Franklin Branch RdToptonNC28781
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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
Rental property for sale in Topton at 380 Franklin Branch Rd, Topton, NC, 28781 priced at $389,900 pairs $1,715/mo rent with after a $1,908/mo payment. Total monthly income equals $1,715/mo. Return on cash invested is 12.81% in year one, and rental yield stands at 5.28% on a $389,900 basis. Equity gained on principal adds $2,516/yr, and 5% annual appreciation accumulates to $107,722 by year five. Five-year ROI measures 64.96% and total cumulative return in cash reaches $83,965. For financing, Ziffy Mortgage’s DSCR program evaluates $1,715/mo property income against a $1,908/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
3.25 Acres lot
$N/A/sqft
$1,250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28781, Topton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,008 (100%) |
| Owner Occupied HU | 313 (31.1%) |
| Renter Occupied HU | 63 ( 6.2%) |
| Vacant Housing Units | 632 (62.7%) |
| Median Home Value | $316,071 |
| Average Home Value | $356,669 |
Housing Distribution
Address Breakdown
Residential
671
Single Family
611
Multi-Family
60
Businesses
28
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Listed by: Marty Kimsey • Re/Max Elite Realty
Mls Name: Carolina Smokies MLS
Mls ID: #26040387
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.