6131 Stewart RdGodwinNC28344
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Nearby investment properties with comparable prices
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 Godwin at 6131 Stewart Rd, Godwin, NC, 28344 offers a 8.19% rental yield on a $249,900 purchase with $1,706/mo rent. Total monthly income registers $1,706/mo, and a $1,223/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,197/yr on $82,842 to close, and return on cash invested stands at 22.56% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 117% and total cumulative return in cash at $96,926. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,706/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28344, Godwin, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,273 (100%) |
| Owner Occupied HU | 918 (72.1%) |
| Renter Occupied HU | 253 (19.9%) |
| Vacant Housing Units | 102 ( 8.0%) |
| Median Home Value | $239,623 |
| Average Home Value | $255,961 |
Housing Distribution
Address Breakdown
Residential
1,259
Single Family
1,259
Multi-Family
0
Businesses
33
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Listed by: HEATHER FAIRCLOTH • KEYS TO CAROLINA
Mls Name: LPRMLS
Mls ID: #754340