6028 Oak Spring StStedmanNC28391
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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 Stedman at 6028 Oak Spring St, Stedman, NC, 28391 earns $38/mo cash flow from $2,165/mo rent with a $1,708/mo payment. Total monthly income totals $2,165/mo, and annual cash flow totals $458/yr on $115,694 capital. ROI tracks 20.31% on current figures, and rental yield reads 7.44% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 104.86% and total cumulative return in cash sums $121,320. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,165/mo property income instead of your personal income.
Single Family
Built in 2007
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28391, Stedman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,583 (100%) |
| Owner Occupied HU | 1,877 (72.7%) |
| Renter Occupied HU | 488 (18.9%) |
| Vacant Housing Units | 218 ( 8.4%) |
| Median Home Value | $246,369 |
| Average Home Value | $247,255 |
Housing Distribution
Address Breakdown
Residential
2,431
Single Family
2,407
Multi-Family
24
Businesses
122
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Listed by: ALLISON REEVES • NORTHGROUP REAL ESTATE
Mls Name: LPRMLS
Mls ID: #755450