5617 Shady Pine CtHope 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
Rental property for sale in Hope Mills at 5617 Shady Pine Ct, Hope Mills, NC, 28348 generates $2,296/mo in rent and, after a $1,405/mo payment, leaves $534/mo in cash flow. Total monthly income is $2,296/mo, and annual cash flow is $6,413/yr on $95,141 invested. Return on cash invested sits at 26.65% in year one, and rental yield is 9.6% on a $287,000 entry. Equity gained on principal adds $1,852/yr, while 5% annual appreciation builds toward $79,293 over five years. Five-year ROI reaches 138.95% and total cumulative return in cash sums $132,202. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,296/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.41 Acres 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: CHRISTA DANDENEAU • RED APPLE REAL ESTATE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #746491
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.