8012 Big IvyPurlearNC28665
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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 Purlear at 8012 Big Ivy, Purlear, NC, 28665 earns from $2,447/mo rent with a $1,992/mo payment. Total monthly income totals $2,447/mo. ROI tracks 19.43% on current figures, and rental yield reads 7.21% at a $407,000 purchase. Equity gained on principal adds $2,626/yr, and 5% annual appreciation supports $112,447 over five years. Five-year ROI reaches 100.2% and total cumulative return in cash sums $135,186. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,447/mo property income instead of your personal income.
Single Family
Built in 2008
1.70 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28665, Purlear, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,368 (100%) |
| Owner Occupied HU | 860 (62.9%) |
| Renter Occupied HU | 187 (13.7%) |
| Vacant Housing Units | 321 (23.5%) |
| Median Home Value | $205,952 |
| Average Home Value | $255,049 |
Housing Distribution
Address Breakdown
Residential
1,224
Single Family
1,224
Multi-Family
0
Businesses
27
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Listed by: Benjamin Ray • Client First Of The High Country
Mls Name: High Country AOR
Mls Provider:
Mls ID: #256096
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.