65 Orchard LnParktonNC28371
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 Parkton at 65 Orchard Ln, Parkton, NC, 28371 offers $1,860/mo rent that, after a $1,302/mo payment, leaves $239/mo cash flow. Total monthly income is $1,860/mo, and annual cash flow is $2,866/yr on $88,179 cash. Return on cash invested measures 23.16% in year one, and rental yield stands at 8.39% at a $266,000 entry. Equity gained on principal adds $1,716/yr while 5% annual appreciation compounds into $73,491 by year five. Five-year ROI records 120.13% and total cumulative return in cash reaches $105,929. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,860/mo property income versus a $1,302/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
2,090 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28371, Parkton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,814 (100%) |
| Owner Occupied HU | 1,822 (64.7%) |
| Renter Occupied HU | 740 (26.3%) |
| Vacant Housing Units | 252 ( 9.0%) |
| Median Home Value | $153,144 |
| Average Home Value | $179,734 |
Housing Distribution
Address Breakdown
Residential
2,919
Single Family
2,823
Multi-Family
96
Businesses
69
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: REBEKAH EDENS • RE/MAX SIGNATURE REALTY
Mls Name: LPRMLS
Mls ID: #754961