78 Cross Creek CtTimberlakeNC27583
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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
Rental property for sale in Timberlake at 78 Cross Creek Ct, Timberlake, NC, 27583 generates $2,066/mo in rent and, after a $1,517/mo payment, leaves $177/mo in cash flow. Total monthly income is $2,066/mo, and annual cash flow is $2,124/yr on $102,765 invested. Return on cash invested sits at 21.98% in year one, and rental yield is 8% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 113.79% and total cumulative return in cash sums $116,935. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,066/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
1.08 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: Danielle Nicole Born • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10094736
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.