4290 S Creek RdOrrumNC28369
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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
Investment property for sale in Orrum at 4290 S Creek Rd, Orrum, NC, 28369 uses $54,698 cash to close to unlock $5,160/yr annual cash flow and $430/mo monthly cash flow. Total monthly income runs $1,436/mo, and a $808/mo payment keeps the spread at $430/mo. Purchase price stands at $165,000, and rental yield measures 10.44% with $1,436/mo rent. Return on cash invested shows 29.34% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 153.29% and total cumulative return in cash records $83,843. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,436/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28369, Orrum, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 920 (100%) |
| Owner Occupied HU | 640 (69.6%) |
| Renter Occupied HU | 167 (18.2%) |
| Vacant Housing Units | 113 (12.3%) |
| Median Home Value | $103,500 |
| Average Home Value | $139,148 |
Housing Distribution
Address Breakdown
Residential
895
Single Family
895
Multi-Family
0
Businesses
18
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Listed by: ANGELA ADAMS • COLDWELL BANKER PREMIER TEAM REALTY
Mls Name: LPRMLS
Mls Provider:
Mls ID: #732646
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.