904 N McKay AveDunnNC28334
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 Dunn at 904 N McKay Ave, Dunn, NC, 28334 offers a 11.19% rental yield on a $199,900 purchase with $1,864/mo rent. Total monthly income registers $1,864/mo, and a $978/mo payment leaves $646/mo available for distribution. Annual cash flow reaches $7,753/yr on $66,267 to close, and return on cash invested stands at 31.61% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 165.53% and total cumulative return in cash at $109,693. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,864/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1935
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28334, Dunn, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,844 (100%) |
| Owner Occupied HU | 6,694 (61.7%) |
| Renter Occupied HU | 3,199 (29.5%) |
| Vacant Housing Units | 951 ( 8.8%) |
| Median Home Value | $267,672 |
| Average Home Value | $279,507 |
Housing Distribution
Address Breakdown
Residential
10,630
Single Family
10,396
Multi-Family
234
Businesses
879
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Monica Ruiz • Long & Foster Real Estate INC/Triangle East
Mls Name: Doorify MLS
Mls ID: #10128996