84 Sycamore Lake RdSiler CityNC27344
Nearby investment properties with comparable rents
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 Siler City at 84 Sycamore Lake Rd, Siler City, NC, 27344 priced at $360,000 converts $2,485/mo rent into $291/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,485/mo, and annual cash flow totals $3,492/yr on $119,340 invested. Return on cash invested prints 22.84% in year one, and rental yield reads 8.28% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 118.4% and total cumulative return in cash sums $141,297. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,485/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1998
1.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27344, Siler City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,613 (100%) |
| Owner Occupied HU | 4,743 (62.3%) |
| Renter Occupied HU | 2,234 (29.3%) |
| Vacant Housing Units | 636 ( 8.4%) |
| Median Home Value | $231,846 |
| Average Home Value | $346,698 |
Housing Distribution
Address Breakdown
Residential
7,070
Single Family
6,369
Multi-Family
701
Businesses
671
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Listed by: aiyana lutkiewicz • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10095666
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.