46 Martin DrWhispering PinesNC28327
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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 Whispering Pines at 46 Martin Dr, Whispering Pines, NC, 28327 offers a 7.34% rental yield on a $450,000 purchase with $2,753/mo rent. Total monthly income registers $2,753/mo, and a $2,203/mo payment leaves $10/mo available for distribution. Annual cash flow reaches $120/yr on $149,175 to close, and return on cash invested stands at 19.99% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 103.13% and total cumulative return in cash at $153,846. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,753/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28327, Carthage, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,399 (100%) |
| Owner Occupied HU | 6,960 (74.1%) |
| Renter Occupied HU | 1,568 (16.7%) |
| Vacant Housing Units | 871 ( 9.3%) |
| Median Home Value | $388,515 |
| Average Home Value | $417,577 |
Housing Distribution
Address Breakdown
Residential
7,744
Single Family
7,726
Multi-Family
18
Businesses
386
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Listed by: JESSICA WHEELER • RE/MAX REAL ESTATE SERVICE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #740759
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.