4112 Forrest AveEflandNC27243
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
Investment Highlights
Investment property for sale in Efland at 4112 Forrest Ave, Efland, NC, 27243 offers a 10.22% rental yield on a $210,000 purchase with $1,788/mo rent. Total monthly income registers $1,788/mo, and a $1,028/mo payment leaves $508/mo available for distribution. Annual cash flow reaches $6,096/yr on $69,615 to close, and return on cash invested stands at 28.67% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 149.66% and total cumulative return in cash at $104,188. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,788/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1931
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27243, Efland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,037 (100%) |
| Owner Occupied HU | 1,609 (79.0%) |
| Renter Occupied HU | 292 (14.3%) |
| Vacant Housing Units | 136 ( 6.7%) |
| Median Home Value | $331,623 |
| Average Home Value | $413,126 |
Housing Distribution
Address Breakdown
Residential
1,885
Single Family
1,885
Multi-Family
0
Businesses
88
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zena Richards • Fathom Realty NC, LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10102455
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.