468 State Highway 16 NCrumplerNC28617
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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
Total monthly income runs $1,649/mo, and a $1,542/mo payment. Purchase price stands at $315,000, and rental yield measures 6.28% with $1,649/mo rent. Return on cash invested shows 16.79% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 86% and total cumulative return in cash records $89,801. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,649/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1979
2.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28617, Crumpler, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,292 (100%) |
| Owner Occupied HU | 699 (54.1%) |
| Renter Occupied HU | 211 (16.3%) |
| Vacant Housing Units | 382 (29.6%) |
| Median Home Value | $277,500 |
| Average Home Value | $315,304 |
Housing Distribution
Address Breakdown
Residential
1,034
Single Family
1,034
Multi-Family
0
Businesses
16
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Listed by: Andrea Reeves-Witherspoon • Regency On the Lake
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4282183