672 Barlow RdParktonNC28371
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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
Investment property for sale in Parkton at 672 Barlow Rd, Parkton, NC, 28371 with 5% annual appreciation on a $315,900 basis while $2,651/mo rent supports operations. Total monthly income totals $2,651/mo and a $1,546/mo payment preserves $726/mo for cash returns. Annual cash flow comes to $8,711/yr on $104,721 deployed, and return on cash invested reaches 28.23% in year one. Equity gained on principal adds $2,038/yr, and five-year appreciation sums $87,277 alongside rental yield of 10.07%. Five-year ROI measures 147.32% and total cumulative return in cash totals $154,272.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,651/mo property income versus a $1,546/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
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: QUINNEICE PEURIFOY • EXP REALTY LLC
Mls Name: LPRMLS
Mls ID: #750150