6308 Walnut Glen DrWillow SpringNC27592
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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
Rental property for sale in Willow Spring at 6308 Walnut Glen Dr, Willow Spring, NC, 27592 generates $2,202/mo in rent and, after a $1,647/mo payment, leaves $151/mo in cash flow. Total monthly income is $2,202/mo, and annual cash flow is $1,813/yr on $111,583 invested. Return on cash invested sits at 21.53% in year one, and rental yield is 7.85% on a $336,600 entry. Equity gained on principal adds $2,172/yr, while 5% annual appreciation builds toward $92,996 over five years. Five-year ROI reaches 111.46% and total cumulative return in cash sums $124,375. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,202/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27592, Willow Spring, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,263 (100%) |
| Owner Occupied HU | 6,096 (83.9%) |
| Renter Occupied HU | 987 (13.6%) |
| Vacant Housing Units | 180 ( 2.5%) |
| Median Home Value | $414,593 |
| Average Home Value | $461,574 |
Housing Distribution
Address Breakdown
Residential
7,214
Single Family
7,214
Multi-Family
0
Businesses
191
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Listed by: Kimberly Taylor • Keller Williams Realty
Mls Name: Doorify MLS
Mls ID: #10110704