405 S Austin StMaxtonNC28364
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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
Rental property for sale in Maxton at 405 S Austin St, Maxton, NC, 28364 offers $876/mo rent that, after a $560/mo payment, leaves $179/mo cash flow. Total monthly income is $876/mo, and annual cash flow is $2,143/yr on $37,957 cash. Return on cash invested measures 25.56% in year one, and rental yield stands at 9.18% at a $114,500 entry. Equity gained on principal adds $739/yr while 5% annual appreciation compounds into $31,634 by year five. Five-year ROI records 133.03% and total cumulative return in cash reaches $50,492. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $876/mo property income versus a $560/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28364, Maxton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,130 (100%) |
| Owner Occupied HU | 3,460 (67.4%) |
| Renter Occupied HU | 1,082 (21.1%) |
| Vacant Housing Units | 588 (11.5%) |
| Median Home Value | $84,012 |
| Average Home Value | $108,186 |
Housing Distribution
Address Breakdown
Residential
4,908
Single Family
4,872
Multi-Family
36
Businesses
242
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Listed by: BRANDY COLLINS • SWEET MAGNOLIA REALTY, LLC.
Mls Name: LPRMLS
Mls ID: #754591