558 John RdShannonNC28386
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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
Rental property for sale in Shannon at 558 John Rd, Shannon, NC, 28386 priced at $309,000 converts $1,140/mo rent into after a $1,512/mo obligation. Total monthly income equals $1,140/mo. Return on cash invested prints 11.21% in year one, and rental yield reads 4.43% against a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation compiles into $85,371 by year five. Five-year ROI reaches 56.08% and total cumulative return in cash sums $57,449. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,140/mo property income covering a $1,512/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28386, Shannon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,180 (100%) |
| Owner Occupied HU | 1,433 (65.7%) |
| Renter Occupied HU | 554 (25.4%) |
| Vacant Housing Units | 193 ( 8.9%) |
| Median Home Value | $78,347 |
| Average Home Value | $112,582 |
Housing Distribution
Address Breakdown
Residential
1,998
Single Family
1,998
Multi-Family
0
Businesses
60
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Listed by: TYRELL TAYLOR AND ASSOCIATES TEAM • EXP REALTY LLC
Mls Name: LPRMLS
Mls ID: #747887