90 Rigsby AveFour OaksNC27524
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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 Four Oaks at 90 Rigsby Ave, Four Oaks, NC, 27524 offers $2,659/mo rent that, after a $1,835/mo payment, leaves $374/mo cash flow. Total monthly income is $2,659/mo, and annual cash flow is $4,489/yr on $124,279 cash. Return on cash invested measures 23.52% in year one, and rental yield stands at 8.51% at a $374,900 entry. Equity gained on principal adds $2,419/yr while 5% annual appreciation compounds into $103,578 by year five. Five-year ROI records 122.11% and total cumulative return in cash reaches $151,759. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,659/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27524, Four Oaks, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,015 (100%) |
| Owner Occupied HU | 3,975 (66.1%) |
| Renter Occupied HU | 1,532 (25.5%) |
| Vacant Housing Units | 508 ( 8.4%) |
| Median Home Value | $297,490 |
| Average Home Value | $317,375 |
Housing Distribution
Address Breakdown
Residential
5,504
Single Family
5,470
Multi-Family
34
Businesses
220
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Listed by: Jeremy Brazoban • LPT Realty, LLC
Mls Name: Doorify MLS
Mls ID: #10139872