884 Shipley Way SW Lot 22- Devon ASupplyNC28462
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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 Supply at 884 Shipley Way SW Lot 22- Devon A, Supply, NC, 28462 earns $736/mo cash flow from $2,366/mo rent with a $1,309/mo payment. Total monthly income totals $2,366/mo, and annual cash flow totals $8,832/yr on $88,676 capital. ROI tracks 29.87% on current figures, and rental yield reads 10.61% at a $267,500 purchase. Equity gained on principal adds $1,726/yr, and 5% annual appreciation supports $73,905 over five years. Five-year ROI reaches 156.12% and total cumulative return in cash sums $138,440. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,366/mo property income instead of your personal income.
Single Family
Built in 2024
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28462, Supply, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,489 (100%) |
| Owner Occupied HU | 5,220 (41.8%) |
| Renter Occupied HU | 1,286 (10.3%) |
| Vacant Housing Units | 5,983 (47.9%) |
| Median Home Value | $313,882 |
| Average Home Value | $390,268 |
Housing Distribution
Address Breakdown
Residential
8,202
Single Family
8,194
Multi-Family
8
Businesses
381
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Listed by: Hank Troscianiec & Associates • Keller Williams Innovate-OKI
Mls Name: Hive MLS
Mls ID: #100549910