702 N Saratoga StStantonsburgNC27883
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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 Stantonsburg at 702 N Saratoga St, Stantonsburg, NC, 27883 priced at $230,000 pairs $1,992/mo rent with $590/mo cash flow after a $1,126/mo payment. Total monthly income equals $1,992/mo, and annual cash flow comes to $7,080/yr on $76,245 invested. Return on cash invested is 29.19% in year one, and rental yield stands at 10.39% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 152.52% and total cumulative return in cash reaches $116,287. For financing, Ziffy Mortgage’s DSCR program evaluates $1,992/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27883, Stantonsburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,694 (100%) |
| Owner Occupied HU | 1,064 (62.8%) |
| Renter Occupied HU | 387 (22.8%) |
| Vacant Housing Units | 243 (14.3%) |
| Median Home Value | $215,126 |
| Average Home Value | $234,791 |
Housing Distribution
Address Breakdown
Residential
1,291
Single Family
1,291
Multi-Family
0
Businesses
67
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Listed by: Shaylan Good • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls ID: #10139734