58 Clydes LaneLaurel SpringsNC28644
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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 Laurel Springs at 58 Clydes Lane, Laurel Springs, NC, 28644 uses $64,974 cash to close to unlock $7,906/yr annual cash flow and $659/mo monthly cash flow. Total monthly income runs $1,853/mo, and a $959/mo payment keeps the spread at $659/mo. Purchase price stands at $195,999, and rental yield measures 11.34% with $1,853/mo rent. Return on cash invested shows 32.08% in year one, and 5% annual appreciation builds toward $54,151 over five years. Five-year ROI reaches 167.96% and total cumulative return in cash records $109,128. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,853/mo property income covering a $959/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
0.91 Acres lot
$N/A/sqft
No HOA
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Listed by: Nicholas Hawks • Kyle Realty, Inc.
Mls Name: High Country AOR
Mls Provider:
Mls ID: #255478
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.