440 Creek Bridge RdFour OaksNC27524
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
Rental property for sale in Four Oaks at 440 Creek Bridge Rd, Four Oaks, NC, 27524 priced at $285,000 converts $2,084/mo rent into $347/mo cash flow after a $1,395/mo obligation. Total monthly income equals $2,084/mo, and annual cash flow totals $4,164/yr on $94,478 invested. Return on cash invested prints 24.32% in year one, and rental yield reads 8.77% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 126.34% and total cumulative return in cash sums $119,358. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,084/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Manufactured
Built in 2000
3.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27524, Four Oaks, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,015 (100%) |
| Owner Occupied HU | 3,975 (66.1%) |
| Renter Occupied HU | 1,532 (25.5%) |
| Vacant Housing Units | 508 ( 8.4%) |
| Median Home Value | $297,490 |
| Average Home Value | $317,375 |
Housing Distribution
Address Breakdown
Residential
5,504
Single Family
5,470
Multi-Family
34
Businesses
220
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Listed by: Karla Gonzalez • Coldwell Banker Advantage
Mls Name: Doorify MLS
Mls ID: #10137664