67 Overdrift CtSelmaNC27576
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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 Selma at 67 Overdrift Ct, Selma, NC, 27576 offers $2,015/mo rent that, after a $1,385/mo payment, leaves $291/mo cash flow. Total monthly income is $2,015/mo, and annual cash flow is $3,486/yr on $93,781 cash. Return on cash invested measures 23.63% in year one, and rental yield stands at 8.55% at a $282,900 entry. Equity gained on principal adds $1,826/yr while 5% annual appreciation compounds into $78,160 by year five. Five-year ROI records 122.68% and total cumulative return in cash reaches $115,051. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,015/mo property income versus a $1,385/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27576, Selma, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,396 (100%) |
| Owner Occupied HU | 5,180 (61.7%) |
| Renter Occupied HU | 2,695 (32.1%) |
| Vacant Housing Units | 521 ( 6.2%) |
| Median Home Value | $261,429 |
| Average Home Value | $291,801 |
Housing Distribution
Address Breakdown
Residential
7,805
Single Family
7,706
Multi-Family
99
Businesses
444
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Listed by: Mason Pickard • HomeTowne Realty
Mls Name: Doorify MLS
Mls ID: #10139701