501 Somerset DrZebulonNC27597
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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 Zebulon at 501 Somerset Dr, Zebulon, NC, 27597 with 5% annual appreciation on a $322,500 basis while $2,000/mo rent supports operations. Total monthly income totals $2,000/mo and a $1,578/mo payment preserves $35/mo for cash returns. Annual cash flow comes to $420/yr on $106,909 deployed, and return on cash invested reaches 20.3% in year one. Equity gained on principal adds $2,081/yr, and five-year appreciation sums $89,101 alongside rental yield of 7.44%. Five-year ROI measures 104.8% and total cumulative return in cash totals $112,040.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,000/mo property income versus a $1,578/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27597, Zebulon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,589 (100%) |
| Owner Occupied HU | 10,303 (75.8%) |
| Renter Occupied HU | 2,656 (19.5%) |
| Vacant Housing Units | 630 ( 4.6%) |
| Median Home Value | $398,188 |
| Average Home Value | $526,668 |
Housing Distribution
Address Breakdown
Residential
13,292
Single Family
13,259
Multi-Family
33
Businesses
632
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Listed by: Liz McCabe • Better Homes & Gardens Real Es
Mls Name: Doorify MLS
Mls ID: #10118421