88 Longo LnBensonNC27504
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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 Benson at 88 Longo Ln, Benson, NC, 27504 listed at $378,600 pairs $2,635/mo rent with a $1,853/mo payment to leave $328/mo cash flow. Total monthly income runs $2,635/mo, and annual cash flow reaches $3,932/yr on $125,506 cash to close. Return on cash invested measures 23.04% in year one, and rental yield registers 8.35% at a $378,600 basis. Equity gained on principal adds $2,443/yr, and annual property appreciation at 5% supports $104,600 by year five. Five-year ROI tracks 119.52% and total cumulative return in cash totals $150,005. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,635/mo property income relative to a $1,853/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27504, Benson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,748 (100%) |
| Owner Occupied HU | 6,119 (69.9%) |
| Renter Occupied HU | 1,924 (22.0%) |
| Vacant Housing Units | 705 ( 8.1%) |
| Median Home Value | $264,067 |
| Average Home Value | $305,612 |
Housing Distribution
Address Breakdown
Residential
7,929
Single Family
7,749
Multi-Family
180
Businesses
621
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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