7668 Oliver Park DrWhitsettNC27377
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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 Whitsett at 7668 Oliver Park Dr, Whitsett, NC, 27377 uses $82,875 cash to close to unlock $7,320/yr annual cash flow and $610/mo monthly cash flow. Total monthly income runs $2,134/mo, and a $1,224/mo payment keeps the spread at $610/mo. Purchase price stands at $249,999, and rental yield measures 10.24% with $2,134/mo rent. Return on cash invested shows 28.74% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 150.08% and total cumulative return in cash records $124,378. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,134/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Townhouse
Built in 2020
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27377, Whitsett, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,375 (100%) |
| Owner Occupied HU | 3,916 (72.9%) |
| Renter Occupied HU | 1,215 (22.6%) |
| Vacant Housing Units | 244 ( 4.5%) |
| Median Home Value | $323,252 |
| Average Home Value | $339,930 |
Housing Distribution
Address Breakdown
Residential
5,235
Single Family
4,215
Multi-Family
1,020
Businesses
197
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Listed by: Katie Thomas • Compass -- Raleigh
Mls Name: Doorify MLS
Mls ID: #10119467