428 15th StCramertonNC28032
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 Cramerton at 428 15th St, Cramerton, NC, 28032 listed at $220,000 pairs $1,525/mo rent with a $1,077/mo payment to leave $184/mo cash flow. Total monthly income runs $1,525/mo, and annual cash flow reaches $2,208/yr on $72,930 cash to close. Return on cash invested measures 22.94% in year one, and rental yield registers 8.32% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 118.95% and total cumulative return in cash totals $86,747. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,525/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1918
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28032, Cramerton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,687 (100%) |
| Owner Occupied HU | 1,102 (65.3%) |
| Renter Occupied HU | 462 (27.4%) |
| Vacant Housing Units | 123 ( 7.3%) |
| Median Home Value | $360,308 |
| Average Home Value | $425,286 |
Housing Distribution
Address Breakdown
Residential
1,612
Single Family
1,572
Multi-Family
40
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Ayers • HomeZu
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4328128