608 15th StButnerNC27509
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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 Butner at 608 15th St, Butner, NC, 27509 offers a 9.45% rental yield on a $244,000 purchase with $1,922/mo rent. Total monthly income registers $1,922/mo, and a $1,194/mo payment leaves $420/mo available for distribution. Annual cash flow reaches $5,034/yr on $80,886 to close, and return on cash invested stands at 26.13% in year one. Equity gained on principal adds $1,574/yr while 5% annual appreciation supports $67,413 over five years. Portfolio math shows five-year ROI at 136.2% and total cumulative return in cash at $110,170. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,922/mo property income against a $1,194/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.61 Acres lot
$N/A/sqft
No HOA
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Listed by: Tracie Marie Hicks • Whitetail Properties, LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10125977
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.