814 Topsail DrBrowns SummitNC27214
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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
Investment Highlights
Rental property for sale in Browns Summit at 814 Topsail Dr, Browns Summit, NC, 27214 priced at $259,000 converts $1,981/mo rent into $402/mo cash flow after a $1,268/mo obligation. Total monthly income equals $1,981/mo, and annual cash flow totals $4,826/yr on $85,859 invested. Return on cash invested prints 25.53% in year one, and rental yield reads 9.18% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 132.89% and total cumulative return in cash sums $114,100. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,981/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in 2007
0.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27214, Browns Summit, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,083 (100%) |
| Owner Occupied HU | 3,677 (72.3%) |
| Renter Occupied HU | 1,177 (23.2%) |
| Vacant Housing Units | 229 ( 4.5%) |
| Median Home Value | $370,860 |
| Average Home Value | $394,876 |
Housing Distribution
Address Breakdown
Residential
5,128
Single Family
4,610
Multi-Family
518
Businesses
170
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Listed by: Mia Williams • Smart Move Group
Mls Name: Triad MLS
Mls ID: #1199008