458 Paul GoodmanFleetwoodNC28626
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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 Fleetwood at 458 Paul Goodman, Fleetwood, NC, 28626 generates $1,680/mo in rent and, after a $854/mo payment, leaves $617/mo in cash flow. Total monthly income is $1,680/mo, and annual cash flow is $7,399/yr on $57,847 invested. Return on cash invested sits at 32.7% in year one, and rental yield is 11.55% on a $174,500 entry. Equity gained on principal adds $1,126/yr, while 5% annual appreciation builds toward $48,211 over five years. Five-year ROI reaches 171.36% and total cumulative return in cash sums $99,126. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28626, Fleetwood, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,736 (100%) |
| Owner Occupied HU | 940 (54.1%) |
| Renter Occupied HU | 195 (11.2%) |
| Vacant Housing Units | 601 (34.6%) |
| Median Home Value | $328,333 |
| Average Home Value | $366,633 |
Housing Distribution
Address Breakdown
Residential
1,369
Single Family
1,369
Multi-Family
0
Businesses
61
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Listed by: Kaye Cox • Cox Realty Co.
Mls Name: High Country AOR
Mls ID: #258204