6550 Anniston StParktonNC28371
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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 Parkton at 6550 Anniston St, Parkton, NC, 28371 priced at $206,000 converts $2,060/mo rent into $805/mo cash flow after a $1,008/mo obligation. Total monthly income equals $2,060/mo, and annual cash flow totals $9,658/yr on $68,289 invested. Return on cash invested prints 34.05% in year one, and rental yield reads 12% against a $206,000 entry. Equity gained on principal adds $1,329/yr, while 5% annual appreciation compiles into $56,914 by year five. Five-year ROI reaches 178.56% and total cumulative return in cash sums $121,940. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,060/mo property income covering a $1,008/mo payment, not borrower’s personal income.
Single Family
Built in 1993
N/A 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
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Listed by: FELICIA FIELDS • AT HOME REALTY
Mls Name: LPRMLS
Mls Provider:
Mls ID: #741432
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.