6210 Earp CtHope MillsNC28348
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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 Hope Mills at 6210 Earp Ct, Hope Mills, NC, 28348 earns $359/mo cash flow from $1,517/mo rent with a $930/mo payment. Total monthly income totals $1,517/mo, and annual cash flow totals $4,308/yr on $62,985 capital. ROI tracks 26.75% on current figures, and rental yield reads 9.58% at a $189,999 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,493 over five years. Five-year ROI reaches 139.39% and total cumulative return in cash sums $87,792. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,517/mo property income instead of your personal income.
Manufactured
Built in 1998
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28348, Hope Mills, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,809 (100%) |
| Owner Occupied HU | 9,909 (66.9%) |
| Renter Occupied HU | 4,097 (27.7%) |
| Vacant Housing Units | 803 ( 5.4%) |
| Median Home Value | $251,947 |
| Average Home Value | $268,694 |
Housing Distribution
Address Breakdown
Residential
15,019
Single Family
13,982
Multi-Family
1,037
Businesses
579
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Listed by: JAMES (JAMIE) GRAHAM • 1ST CHOICE REAL ESTATE
Mls Name: LPRMLS
Mls ID: #752264