4471 N Shannon RdShannonNC28386
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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 Shannon at 4471 N Shannon Rd, Shannon, NC, 28386 offers a 11.97% rental yield on a $215,999 purchase with $2,154/mo rent. Total monthly income registers $2,154/mo, and a $1,057/mo payment leaves $838/mo available for distribution. Annual cash flow reaches $10,054/yr on $71,604 to close, and return on cash invested stands at 33.95% in year one. Equity gained on principal adds $1,394/yr while 5% annual appreciation supports $59,677 over five years. Portfolio math shows five-year ROI at 178% and total cumulative return in cash at $127,455. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,154/mo property income against a $1,057/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28386, Shannon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,180 (100%) |
| Owner Occupied HU | 1,433 (65.7%) |
| Renter Occupied HU | 554 (25.4%) |
| Vacant Housing Units | 193 ( 8.9%) |
| Median Home Value | $78,347 |
| Average Home Value | $112,582 |
Housing Distribution
Address Breakdown
Residential
1,998
Single Family
1,998
Multi-Family
0
Businesses
60
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Listed by: WAYNE CHAVIS • 1ST CHOICE REAL ESTATE
Mls Name: LPRMLS
Mls ID: #748700