42 S Feather Falls TrlOld FortNC28762
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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 Old Fort at 42 S Feather Falls Trl, Old Fort, NC, 28762 generates $2,760/mo in rent, after a $4,160/mo payment. Total monthly income is $2,760/mo. Return on cash invested sits at 9.68% in year one, and rental yield is 3.9% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 47.8% and total cumulative return in cash sums $133,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28762, Old Fort, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,535 (100%) |
| Owner Occupied HU | 2,320 (65.6%) |
| Renter Occupied HU | 625 (17.7%) |
| Vacant Housing Units | 590 (16.7%) |
| Median Home Value | $232,253 |
| Average Home Value | $271,716 |
Housing Distribution
Address Breakdown
Residential
2,739
Single Family
2,739
Multi-Family
0
Businesses
158
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Listed by: Jody Flemming • Sarver Realty Group, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4299512