612 Felton Pl, Rich Square, NC, 27869 | $369/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Rich Square at 612 Felton Pl, Rich Square, NC, 27869 priced at $159,000 converts $1,338/mo rent into $369/mo cash flow after a $778/mo obligation. Total monthly income equals $1,338/mo, and annual cash flow totals $4,430/yr on $52,709 invested. Return on cash invested prints 28.31% in year one, and rental yield reads 10.1% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 147.85% and total cumulative return in cash sums $77,928. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,338/mo property income covering a $778/mo payment, not borrower’s personal income.

Single Family

Built in 1999

0.34 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 27869, Rich Square, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,029 (100%)
Owner Occupied HU	520 (50.5%)
Renter Occupied HU	215 (20.9%)
Vacant Housing Units	294 (28.6%)
Median Home Value	$112,222
Average Home Value	$128,313