8683 Highway 15BullockNC27507
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
Investment property for sale in Bullock at 8683 Highway 15, Bullock, NC, 27507 earns $736/mo cash flow from $2,168/mo rent with a $1,150/mo payment. Total monthly income totals $2,168/mo, and annual cash flow totals $8,833/yr on $77,869 capital. ROI tracks 31.25% on current figures, and rental yield reads 11.08% at a $234,900 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 over five years. Five-year ROI reaches 163.61% and total cumulative return in cash sums $127,401. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,168/mo property income instead of your personal income.
Single Family
Built in 1946
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27507, Bullock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 869 (100%) |
| Owner Occupied HU | 532 (61.2%) |
| Renter Occupied HU | 168 (19.3%) |
| Vacant Housing Units | 169 (19.4%) |
| Median Home Value | $245,833 |
| Average Home Value | $285,005 |
Housing Distribution
Address Breakdown
Residential
737
Single Family
737
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Taylor Landes • Taylor Realty & Investment Grp
Mls Name: Doorify MLS
Mls ID: #10110720