407 W Depot StAngierNC27501
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 407 W Depot St, Angier, NC, 27501 in Angier hard to pass up. The 14.43% gross yield on a $130,000 purchase results in $1,564/mo in rent and $771/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.67). Annual cash flow of $9,256, five-year appreciation of $35,917, and $1,197/yr in equity build-up combine for a projected total cumulative return of $98,873.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.4% | 6.2% |
| Monthly Cash Flow | $771 | $420 |
City averages based on Angier market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,564 |
| Total Monthly Debt Service | $741 |
| DSCR Ratio | 2.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1963
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27501, Angier, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,569 (100%) |
| Owner Occupied HU | 7,115 (74.4%) |
| Renter Occupied HU | 1,944 (20.3%) |
| Vacant Housing Units | 510 ( 5.3%) |
| Median Home Value | $342,992 |
| Average Home Value | $353,137 |
Housing Distribution
Address Breakdown
Residential
9,345
Single Family
9,313
Multi-Family
32
Businesses
492
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
Single Family
Built in 1963
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27501, Angier, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,569 (100%) |
| Owner Occupied HU | 7,115 (74.4%) |
| Renter Occupied HU | 1,944 (20.3%) |
| Vacant Housing Units | 510 ( 5.3%) |
| Median Home Value | $342,992 |
| Average Home Value | $353,137 |
Housing Distribution
Address Breakdown
Residential
9,345
Single Family
9,313
Multi-Family
32
Businesses
492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ragan Armstrong • Ann Milton Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10096385
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.