613 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 613 15th St, Butner, NC, 27509 uses $81,549 cash to close to unlock $5,362/yr annual cash flow and $447/mo monthly cash flow. Total monthly income runs $1,946/mo, and a $1,204/mo payment keeps the spread at $447/mo. Purchase price stands at $246,000, and rental yield measures 9.49% with $1,946/mo rent. Return on cash invested shows 26.48% in year one, and 5% annual appreciation builds toward $67,965 over five years. Five-year ROI reaches 137.99% and total cumulative return in cash records $112,526. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,946/mo property income covering a $1,204/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.47 Acres lot
$N/A/sqft
No HOA
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Listed by: Meisha Spang • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10116826
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.