641 State Highway 561 WAulanderNC27805
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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 Aulander at 641 State Highway 561 W, Aulander, NC, 27805 offers a 9.11% rental yield on a $120,000 purchase with $911/mo rent. Total monthly income registers $911/mo, and a $587/mo payment leaves $180/mo available for distribution. Annual cash flow reaches $2,160/yr on $39,780 to close, and return on cash invested stands at 25.34% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 131.81% and total cumulative return in cash at $52,435. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $911/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
1.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27805, Aulander, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,454 (100%) |
| Owner Occupied HU | 848 (58.3%) |
| Renter Occupied HU | 373 (25.7%) |
| Vacant Housing Units | 233 (16.0%) |
| Median Home Value | $101,754 |
| Average Home Value | $175,743 |
Housing Distribution
Address Breakdown
Residential
1,175
Single Family
1,175
Multi-Family
0
Businesses
73
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Listed by: Judy Farris • Howard Hanna Real Estate Svcs.
Mls Name: REIN Inc.
Mls ID: #10600092