5755 Dove DrHope 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 5755 Dove Dr, Hope Mills, NC, 28348 with 5% annual appreciation on a $220,000 basis while $1,616/mo rent supports operations. Total monthly income totals $1,616/mo and a $1,077/mo payment preserves $275/mo for cash returns. Annual cash flow comes to $3,300/yr on $72,930 deployed, and return on cash invested reaches 24.43% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 8.81%. Five-year ROI measures 126.98% and total cumulative return in cash totals $92,603.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,616/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
N/A 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: KATRINA BORGES • THOMAS REAL ESTATE SERVICES
Mls Name: LPRMLS
Mls Provider:
Mls ID: #736874
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.