513 Derby PlZebulonNC27597
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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 513 Derby Pl, Zebulon, NC, 27597 offers a 8.56% rental yield on a $319,000 purchase with $2,276/mo rent. Total monthly income registers $2,276/mo, and a $1,561/mo payment leaves $332/mo available for distribution. Annual cash flow reaches $3,986/yr on $105,749 to close, and return on cash invested stands at 23.68% in year one. Equity gained on principal adds $2,058/yr while 5% annual appreciation supports $88,134 over five years. Portfolio math shows five-year ROI at 122.96% and total cumulative return in cash at $130,033. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,276/mo property income against a $1,561/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.30 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: Heather Danielle Hope • Keller Williams Legacy
Mls Name: Doorify MLS
Mls ID: #10130471