562 Loblolly DrVassNC28394
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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 Vass at 562 Loblolly Dr, Vass, NC, 28394 uses $140,888 cash to close to unlock $4,224/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $2,942/mo, and a $2,080/mo payment keeps the spread at $352/mo. Purchase price stands at $425,000, and rental yield measures 8.31% with $2,942/mo rent. Return on cash invested shows 22.91% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 118.79% and total cumulative return in cash records $167,357. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,942/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28394, Vass, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,826 (100%) |
| Owner Occupied HU | 1,900 (67.2%) |
| Renter Occupied HU | 616 (21.8%) |
| Vacant Housing Units | 310 (11.0%) |
| Median Home Value | $346,532 |
| Average Home Value | $432,871 |
Housing Distribution
Address Breakdown
Residential
2,565
Single Family
2,565
Multi-Family
0
Businesses
155
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Listed by: LEE HANDSEL • THE HANDSEL GROUP INC.
Mls Name: LPRMLS
Mls ID: #745040