7029 Hypony TrlParktonNC28371
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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 7029 Hypony Trl, Parkton, NC, 28371 uses $61,825 cash to close to unlock $8,654/yr annual cash flow and $721/mo monthly cash flow. Total monthly income runs $1,858/mo, and a $913/mo payment keeps the spread at $721/mo. Purchase price stands at $186,500, and rental yield measures 11.95% with $1,858/mo rent. Return on cash invested shows 33.91% in year one, and 5% annual appreciation builds toward $51,527 over five years. Five-year ROI reaches 177.84% and total cumulative return in cash records $109,949. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,858/mo property income covering a $913/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
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: DIXIE JACKSON MABE • DIXIE MABE REALTY, INC.
Mls Name: LPRMLS
Mls ID: #745424