62 Mountain Laurel LnFour OaksNC27524
Nearby investment properties with comparable rents
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
Rental property for sale in Four Oaks at 62 Mountain Laurel Ln, Four Oaks, NC, 27524 offers $2,044/mo rent that, after a $1,694/mo payment. Total monthly income is $2,044/mo. Return on cash invested measures 19.24% in year one, and rental yield stands at 7.09% at a $346,000 entry. Equity gained on principal adds $2,233/yr while 5% annual appreciation compounds into $95,593 by year five. Five-year ROI records 99.12% and total cumulative return in cash reaches $113,694. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,044/mo property income versus a $1,694/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
3.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27524, Four Oaks, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,015 (100%) |
| Owner Occupied HU | 3,975 (66.1%) |
| Renter Occupied HU | 1,532 (25.5%) |
| Vacant Housing Units | 508 ( 8.4%) |
| Median Home Value | $297,490 |
| Average Home Value | $317,375 |
Housing Distribution
Address Breakdown
Residential
5,504
Single Family
5,470
Multi-Family
34
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trinity French • Relevate Real Estate Inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10100853
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.