5313 Harding DrHope MillsNC28348
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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 Hope Mills at 5313 Harding Dr, Hope Mills, NC, 28348 uses $70,444 cash to close to unlock $6,120/yr annual cash flow and $510/mo monthly cash flow. Total monthly income runs $1,805/mo, and a $1,040/mo payment keeps the spread at $510/mo. Purchase price stands at $212,500, and rental yield measures 10.19% with $1,805/mo rent. Return on cash invested shows 28.6% in year one, and 5% annual appreciation builds toward $58,710 over five years. Five-year ROI reaches 149.29% and total cumulative return in cash records $105,164. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,805/mo property income covering a $1,040/mo payment rather than investor’s personal income.
Single Family
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28348, Hope Mills, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,809 (100%) |
| Owner Occupied HU | 9,909 (66.9%) |
| Renter Occupied HU | 4,097 (27.7%) |
| Vacant Housing Units | 803 ( 5.4%) |
| Median Home Value | $251,947 |
| Average Home Value | $268,694 |
Housing Distribution
Address Breakdown
Residential
15,019
Single Family
13,982
Multi-Family
1,037
Businesses
579
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Listed by: CHRISTOPHER ROSADO TORRES • EPIQUE REALTY
Mls Name: LPRMLS
Mls Provider:
Mls ID: #748892
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.