4418 Low Oak CtHope MillsNC28371
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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 Hope Mills at 4418 Low Oak Ct, Hope Mills, NC, 28371 priced at $405,000 converts $2,760/mo rent into $250/mo cash flow after a $1,982/mo obligation. Total monthly income equals $2,760/mo, and annual cash flow totals $2,996/yr on $134,258 invested. Return on cash invested prints 22.14% in year one, and rental yield reads 8.18% against a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation compiles into $111,894 by year five. Five-year ROI reaches 114.83% and total cumulative return in cash sums $154,166. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $1,982/mo payment, not borrower’s personal income.
Single Family
Built in 2016
10,454 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28371, Parkton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,814 (100%) |
| Owner Occupied HU | 1,822 (64.7%) |
| Renter Occupied HU | 740 (26.3%) |
| Vacant Housing Units | 252 ( 9.0%) |
| Median Home Value | $153,144 |
| Average Home Value | $179,734 |
Housing Distribution
Address Breakdown
Residential
2,919
Single Family
2,823
Multi-Family
96
Businesses
69
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Listed by: JOHNNIE FARMER • PARAMOUNT REALTY GROUP (PRG) INC.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #728215
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.