613 Devon PlZebulonNC27597
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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 Zebulon at 613 Devon Pl, Zebulon, NC, 27597 listed at $275,000 pairs $2,046/mo rent with a $1,346/mo payment to leave $370/mo cash flow. Total monthly income runs $2,046/mo, and annual cash flow reaches $4,440/yr on $91,163 cash to close. Return on cash invested measures 24.78% in year one, and rental yield registers 8.93% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 128.83% and total cumulative return in cash totals $117,443. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,046/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27597, Zebulon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,589 (100%) |
| Owner Occupied HU | 10,303 (75.8%) |
| Renter Occupied HU | 2,656 (19.5%) |
| Vacant Housing Units | 630 ( 4.6%) |
| Median Home Value | $398,188 |
| Average Home Value | $526,668 |
Housing Distribution
Address Breakdown
Residential
13,292
Single Family
13,259
Multi-Family
33
Businesses
632
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Listed by: Cynthia Tack • Thomas Guertin Real Estate Inc
Mls Name: Doorify MLS
Mls ID: #10126993