632 Ambrose RoadCreswellNC27928
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
Investment property for sale in Creswell at 632 Ambrose Road, Creswell, NC, 27928 uses $61,328 cash to close to unlock $5,532/yr annual cash flow and $461/mo monthly cash flow. Total monthly income runs $1,588/mo, and a $905/mo payment keeps the spread at $461/mo. Purchase price stands at $185,000, and rental yield measures 10.3% with $1,588/mo rent. Return on cash invested shows 28.93% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 151.08% and total cumulative return in cash records $92,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,588/mo property income covering a $905/mo payment rather than investor’s personal income.
Manufactured
Built in 1983
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27928, Creswell, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 989 (100%) |
| Owner Occupied HU | 567 (57.3%) |
| Renter Occupied HU | 162 (16.4%) |
| Vacant Housing Units | 260 (26.3%) |
| Median Home Value | $197,669 |
| Average Home Value | $247,870 |
Housing Distribution
Address Breakdown
Residential
693
Single Family
693
Multi-Family
0
Businesses
63
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacey Williams • United Country Forbes Realty & Auctions LLC
Mls Name: Hive MLS
Mls ID: #100546673