5661 Dewitt Farm RdBelews CreekNC27009
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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 Belews Creek at 5661 Dewitt Farm Rd, Belews Creek, NC, 27009 generates $2,080/mo in rent and, after a $1,126/mo payment, leaves $678/mo in cash flow. Total monthly income is $2,080/mo, and annual cash flow is $8,136/yr on $76,245 invested. Return on cash invested sits at 30.58% in year one, and rental yield is 10.85% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 159.93% and total cumulative return in cash sums $121,939. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,080/mo property income rather than buyer’s personal income.
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27009, Belews Creek, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,424 (100%) |
| Owner Occupied HU | 1,180 (82.9%) |
| Renter Occupied HU | 141 ( 9.9%) |
| Vacant Housing Units | 103 ( 7.2%) |
| Median Home Value | $315,854 |
| Average Home Value | $376,814 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,150
Multi-Family
0
Businesses
37
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Listed by: Rebecca Lynch • Lynch Realty & Associates
Mls Name: Triad MLS
Mls ID: #1190789