8421 Settlers Hill RdWillow SpringNC27592
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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 Willow Spring at 8421 Settlers Hill Rd, Willow Spring, NC, 27592 generates $1,862/mo in rent and, after a $646/mo payment, leaves $1,058/mo in cash flow. Total monthly income is $1,862/mo, and annual cash flow is $12,691/yr on $43,758 invested. Return on cash invested sits at 48.91% in year one, and rental yield is 16.93% on a $132,000 entry. Equity gained on principal adds $852/yr, while 5% annual appreciation builds toward $36,469 over five years. Five-year ROI reaches 258.29% and total cumulative return in cash sums $113,023. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,862/mo property income rather than buyer’s personal income.
Manufactured
Built in 2007
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27592, Willow Spring, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,263 (100%) |
| Owner Occupied HU | 6,096 (83.9%) |
| Renter Occupied HU | 987 (13.6%) |
| Vacant Housing Units | 180 ( 2.5%) |
| Median Home Value | $414,593 |
| Average Home Value | $461,574 |
Housing Distribution
Address Breakdown
Residential
7,214
Single Family
7,214
Multi-Family
0
Businesses
191
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Listed by: Tracy Benton • eXp Realty, LLC - C
Mls Name: Doorify MLS
Mls ID: #10104062