694 John Lee RdDunnNC28334
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 Dunn at 694 John Lee Rd, Dunn, NC, 28334 offers $985/mo rent that, after a $612/mo payment, leaves $223/mo cash flow. Total monthly income is $985/mo, and annual cash flow is $2,676/yr on $41,438 cash. Return on cash invested measures 26.37% in year one, and rental yield stands at 9.46% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 137.31% and total cumulative return in cash reaches $56,897. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $985/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2007
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28334, Dunn, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,844 (100%) |
| Owner Occupied HU | 6,694 (61.7%) |
| Renter Occupied HU | 3,199 (29.5%) |
| Vacant Housing Units | 951 ( 8.8%) |
| Median Home Value | $267,672 |
| Average Home Value | $279,507 |
Housing Distribution
Address Breakdown
Residential
10,630
Single Family
10,396
Multi-Family
234
Businesses
879
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Nearby investment properties with comparable prices
Listed by: Gail Adams • RE/MAX Signature Realty
Mls Name: Doorify MLS
Mls ID: #10133785