5870 McDonald RdParktonNC28371
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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 Parkton at 5870 McDonald Rd, Parkton, NC, 28371 uses $110,887 cash to close to unlock $6,007/yr annual cash flow and $501/mo monthly cash flow. Total monthly income runs $2,539/mo, and a $1,637/mo payment keeps the spread at $501/mo. Purchase price stands at $334,500, and rental yield measures 9.11% with $2,539/mo rent. Return on cash invested shows 25.33% in year one, and 5% annual appreciation builds toward $92,416 over five years. Five-year ROI reaches 131.78% and total cumulative return in cash records $146,131. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,539/mo property income covering a $1,637/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28371, Parkton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,814 (100%) |
| Owner Occupied HU | 1,822 (64.7%) |
| Renter Occupied HU | 740 (26.3%) |
| Vacant Housing Units | 252 ( 9.0%) |
| Median Home Value | $153,144 |
| Average Home Value | $179,734 |
Housing Distribution
Address Breakdown
Residential
2,919
Single Family
2,823
Multi-Family
96
Businesses
69
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Listed by: ROBYN POMALES • CENTURY 21 Family Realty
Mls Name: LPRMLS
Mls Provider:
Mls ID: #741126
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