5721 Walkabout RdHope 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 5721 Walkabout Rd, Hope Mills, NC, 28348 earns $502/mo cash flow from $1,904/mo rent with a $1,126/mo payment. Total monthly income totals $1,904/mo, and annual cash flow totals $6,024/yr on $76,245 capital. ROI tracks 27.81% on current figures, and rental yield reads 9.93% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 145.09% and total cumulative return in cash sums $110,623. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,904/mo property income instead of your personal income.
Single Family
Built in 1996
0.26 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: MELISSA ZAMORA MEDINA • ERA STROTHER REAL ESTATE
Mls Name: LPRMLS
Mls ID: #750527