637 Hipwood DrZebulonNC27597
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 Zebulon at 637 Hipwood Dr, Zebulon, NC, 27597 generates $2,238/mo in rent and, after a $1,789/mo payment, leaves $10/mo in cash flow. Total monthly income is $2,238/mo, and annual cash flow is $124/yr on $121,172 invested. Return on cash invested sits at 20.01% in year one, and rental yield is 7.35% on a $365,525 entry. Equity gained on principal adds $2,359/yr, while 5% annual appreciation builds toward $100,988 over five years. Five-year ROI reaches 103.28% and total cumulative return in cash sums $125,140. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,238/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27597, Zebulon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,589 (100%) |
| Owner Occupied HU | 10,303 (75.8%) |
| Renter Occupied HU | 2,656 (19.5%) |
| Vacant Housing Units | 630 ( 4.6%) |
| Median Home Value | $398,188 |
| Average Home Value | $526,668 |
Housing Distribution
Address Breakdown
Residential
13,292
Single Family
13,259
Multi-Family
33
Businesses
632
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Kendrick • DRB Group North Carolina LLC
Mls Name: Doorify MLS
Mls ID: #10109275