6194 Moores Creek DrSummerfieldNC27358
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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 Summerfield at 6194 Moores Creek Dr, Summerfield, NC, 27358 uses $177,660 cash to close to unlock $22,636/yr annual cash flow and $1,886/mo monthly cash flow. Total monthly income runs $5,216/mo, and a $2,643/mo payment keeps the spread at $1,886/mo. Purchase price stands at $540,000, and rental yield measures 11.59% with $5,216/mo rent. Return on cash invested shows 32.8% in year one, and 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 171.93% and total cumulative return in cash records $305,450. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,216/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Single Family
Built in 1999
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27358, Summerfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 5,164 (85.2%) |
| Renter Occupied HU | 612 (10.1%) |
| Vacant Housing Units | 282 ( 4.7%) |
| Median Home Value | $475,086 |
| Average Home Value | $526,725 |
Housing Distribution
Address Breakdown
Residential
5,848
Single Family
5,786
Multi-Family
62
Businesses
326
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