59 Neuse Hill RoadArapahoeNC28510
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 59 Neuse Hill Road, Arapahoe, NC, 28510 in Arapahoe is straightforward: $279,000 in, $1,981/mo in rent, $281/mo out after debt service. The 8.52% gross yield and 1.58 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $77,083 by year five. With $2,570/yr in principal equity, the total cumulative return is projected at $123,740.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $281 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,981 |
| Total Monthly Debt Service | $1,589 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1967
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28510, Arapahoe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,002 (100%) |
| Owner Occupied HU | 612 (61.1%) |
| Renter Occupied HU | 110 (11.0%) |
| Vacant Housing Units | 280 (27.9%) |
| Median Home Value | $341,573 |
| Average Home Value | $361,172 |
Housing Distribution
Address Breakdown
Residential
869
Single Family
869
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1967
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28510, Arapahoe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,002 (100%) |
| Owner Occupied HU | 612 (61.1%) |
| Renter Occupied HU | 110 (11.0%) |
| Vacant Housing Units | 280 (27.9%) |
| Median Home Value | $341,573 |
| Average Home Value | $361,172 |
Housing Distribution
Address Breakdown
Residential
869
Single Family
869
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Hive MLS
Mls ID: #100546806