3841 White Oak RdEnfieldNC27823
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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 Enfield at 3841 White Oak Rd, Enfield, NC, 27823 uses $62,654 cash to close to unlock $4,190/yr annual cash flow and $349/mo monthly cash flow. Total monthly income runs $1,501/mo, and a $925/mo payment keeps the spread at $349/mo. Purchase price stands at $189,000, and rental yield measures 9.53% with $1,501/mo rent. Return on cash invested shows 26.6% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 138.65% and total cumulative return in cash records $86,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,501/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 2023
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27823, Enfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,370 (100%) |
| Owner Occupied HU | 1,698 (50.4%) |
| Renter Occupied HU | 923 (27.4%) |
| Vacant Housing Units | 749 (22.2%) |
| Median Home Value | $95,455 |
| Average Home Value | $151,708 |
Housing Distribution
Address Breakdown
Residential
2,851
Single Family
2,826
Multi-Family
25
Businesses
177
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Listed by: Justin Sandeford • Coldwell Banker Advantage-Littleton
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139579