5949 Gator WayHope 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
Rental property for sale in Hope Mills at 5949 Gator Way, Hope Mills, NC, 28348 priced at $294,950 pairs $2,363/mo rent with $534/mo cash flow after a $1,444/mo payment. Total monthly income equals $2,363/mo, and annual cash flow comes to $6,406/yr on $97,776 invested. Return on cash invested is 26.46% in year one, and rental yield stands at 9.61% on a $294,950 basis. Equity gained on principal adds $1,903/yr, and 5% annual appreciation accumulates to $81,489 by year five. Five-year ROI measures 138% and total cumulative return in cash reaches $134,926. For financing, Ziffy Mortgage’s DSCR program evaluates $2,363/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.46 Acres lot
$N/A/sqft
$375 annually 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: DOGWOOD REALTY GROUP • LPT REALTY LLC
Mls Name: LPRMLS
Mls Provider:
Mls ID: #733445
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.