912 Carole Summey DrDallasNC28034
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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 Dallas at 912 Carole Summey Dr, Dallas, NC, 28034 uses $103,097 cash to close to unlock $2,302/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $2,087/mo, and a $1,522/mo payment keeps the spread at $192/mo. Purchase price stands at $311,000, and rental yield measures 8.05% with $2,087/mo rent. Return on cash invested shows 22.14% in year one, and 5% annual appreciation builds toward $85,924 over five years. Five-year ROI reaches 114.69% and total cumulative return in cash records $118,245. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,087/mo property income covering a $1,522/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28034, Dallas, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,751 (100%) |
| Owner Occupied HU | 5,909 (67.5%) |
| Renter Occupied HU | 2,315 (26.5%) |
| Vacant Housing Units | 527 ( 6.0%) |
| Median Home Value | $279,675 |
| Average Home Value | $318,208 |
Housing Distribution
Address Breakdown
Residential
8,074
Single Family
7,784
Multi-Family
290
Businesses
495
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Listed by: Amy Horne • Opendoor Brokerage LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4316673