72 Red Field LnTimberlakeNC27583
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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 Timberlake at 72 Red Field Ln, Timberlake, NC, 27583 with 5% annual appreciation on a $199,900 basis while $1,981/mo rent supports operations. Total monthly income totals $1,981/mo and a $978/mo payment preserves $763/mo for cash returns. Annual cash flow comes to $9,157/yr on $66,267 deployed, and return on cash invested reaches 33.73% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 11.89%. Five-year ROI measures 176.87% and total cumulative return in cash totals $117,205.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,981/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2019
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27583, Timberlake, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,156 (100%) |
| Owner Occupied HU | 2,561 (81.1%) |
| Renter Occupied HU | 411 (13.0%) |
| Vacant Housing Units | 184 ( 5.8%) |
| Median Home Value | $256,794 |
| Average Home Value | $290,875 |
Housing Distribution
Address Breakdown
Residential
3,077
Single Family
3,077
Multi-Family
0
Businesses
97
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Listed by: Timothy Chandler • Burton Realty Group Inc
Mls Name: Doorify MLS
Mls ID: #10112783