771 Sally Gap RdOld FortNC28762
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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 Old Fort at 771 Sally Gap Rd, Old Fort, NC, 28762 offers a 6.63% rental yield on a $624,500 purchase with $3,451/mo rent. 98% in year one. Equity gained on principal adds $4,030/yr while 5% annual appreciation supports $172,538 over five years. Portfolio math shows five-year ROI at 92.37% and total cumulative return in cash at $189,780. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,451/mo property income against a $3,057/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
2.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28762, Old Fort, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,535 (100%) |
| Owner Occupied HU | 2,320 (65.6%) |
| Renter Occupied HU | 625 (17.7%) |
| Vacant Housing Units | 590 (16.7%) |
| Median Home Value | $232,253 |
| Average Home Value | $271,716 |
Housing Distribution
Address Breakdown
Residential
2,739
Single Family
2,739
Multi-Family
0
Businesses
158
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Listed by: Holly Lindsey • Noble & Company Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4333487