51 Lakeside DrFair BluffNC28439
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 Fair Bluff at 51 Lakeside Dr, Fair Bluff, NC, 28439 offers $1,313/mo rent that, after a $857/mo payment, leaves $246/mo cash flow. Total monthly income is $1,313/mo, and annual cash flow is $2,952/yr on $58,013 cash. Return on cash invested measures 25% in year one, and rental yield stands at 9% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 130.02% and total cumulative return in cash reaches $75,427. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,313/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28439, Fair Bluff, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 672 (100%) |
| Owner Occupied HU | 380 (56.5%) |
| Renter Occupied HU | 130 (19.3%) |
| Vacant Housing Units | 162 (24.1%) |
| Median Home Value | $119,355 |
| Average Home Value | $147,230 |
Housing Distribution
Address Breakdown
Residential
534
Single Family
534
Multi-Family
0
Businesses
52
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Nearby investment properties with comparable prices
Listed by: Davaris Bennett • McClure Group Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4330551