5306 Temperance Hall RdElm CityNC27822
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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 Elm City at 5306 Temperance Hall Rd, Elm City, NC, 27822 uses $62,985 cash to close to unlock $8,472/yr annual cash flow and $706/mo monthly cash flow. Total monthly income runs $1,864/mo, and a $930/mo payment keeps the spread at $706/mo. Purchase price stands at $190,000, and rental yield measures 11.77% with $1,864/mo rent. Return on cash invested shows 33.36% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 174.84% and total cumulative return in cash records $110,124. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,864/mo property income covering a $930/mo payment rather than investor’s personal income.
Manufactured
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27822, Elm City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,733 (100%) |
| Owner Occupied HU | 2,723 (72.9%) |
| Renter Occupied HU | 693 (18.6%) |
| Vacant Housing Units | 317 ( 8.5%) |
| Median Home Value | $192,828 |
| Average Home Value | $231,340 |
Housing Distribution
Address Breakdown
Residential
3,484
Single Family
3,484
Multi-Family
0
Businesses
152
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Listed by: ROSAIDANIN GUADALUPE-RIVERA • LPT REALTY LLC
Mls Name: LPRMLS
Mls ID: #756616