45 Country Living DrSpring HopeNC27882
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 Spring Hope at 45 Country Living Dr, Spring Hope, NC, 27882 offers $2,456/mo rent that, after a $827/mo payment, leaves $1,426/mo cash flow. Total monthly income is $2,456/mo, and annual cash flow is $17,115/yr on $56,010 cash. Return on cash invested measures 50.47% in year one, and rental yield stands at 17.44% at a $168,960 entry. Equity gained on principal adds $1,090/yr while 5% annual appreciation compounds into $46,681 by year five. Five-year ROI records 266.64% and total cumulative return in cash reaches $149,347. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,456/mo property income versus a $827/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27882, Spring Hope, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,612 (100%) |
| Owner Occupied HU | 2,273 (62.9%) |
| Renter Occupied HU | 909 (25.2%) |
| Vacant Housing Units | 430 (11.9%) |
| Median Home Value | $232,500 |
| Average Home Value | $272,079 |
Housing Distribution
Address Breakdown
Residential
3,299
Single Family
3,299
Multi-Family
0
Businesses
191
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Nearby investment properties with comparable prices
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