75 Simpson LaneTurkeyNC28393
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 75 Simpson Lane, Turkey, NC, 28393 in Turkey speaks for itself: 14.62% gross on a $198,700 price, generating $2,420/mo in rent and $1,209/mo in net income after the $893/mo debt service. DSCR 2.71, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $14,513 stacks alongside $54,897 in projected five-year appreciation and $1,830/yr in principal reduction. Projected total cumulative return: $153,112.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 14.6% | 6.2% |
| Monthly Cash Flow | $1,209 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,420 |
| Total Monthly Debt Service | $1,132 |
| DSCR Ratio | 2.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1998
8.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28393, Turkey, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 742 (100%) |
| Owner Occupied HU | 487 (65.6%) |
| Renter Occupied HU | 156 (21.0%) |
| Vacant Housing Units | 99 (13.3%) |
| Median Home Value | $76,579 |
| Average Home Value | $144,271 |
Housing Distribution
Address Breakdown
Residential
662
Single Family
662
Multi-Family
0
Businesses
35
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
Manufactured
Built in 1998
8.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28393, Turkey, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 742 (100%) |
| Owner Occupied HU | 487 (65.6%) |
| Renter Occupied HU | 156 (21.0%) |
| Vacant Housing Units | 99 (13.3%) |
| Median Home Value | $76,579 |
| Average Home Value | $144,271 |
Housing Distribution
Address Breakdown
Residential
662
Single Family
662
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices