9141 Old Wire RdLaurel HillNC28351
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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 Laurel Hill at 9141 Old Wire Rd, Laurel Hill, NC, 28351 offers a 8.57% rental yield on a $145,000 purchase with $1,036/mo rent. Total monthly income registers $1,036/mo, and a $710/mo payment leaves $152/mo available for distribution. Annual cash flow reaches $1,824/yr on $48,068 to close, and return on cash invested stands at 23.7% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 123.07% and total cumulative return in cash at $59,156. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,036/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28351, Laurel Hill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,009 (100%) |
| Owner Occupied HU | 1,286 (64.0%) |
| Renter Occupied HU | 510 (25.4%) |
| Vacant Housing Units | 213 (10.6%) |
| Median Home Value | $88,654 |
| Average Home Value | $158,377 |
Housing Distribution
Address Breakdown
Residential
1,913
Single Family
1,913
Multi-Family
0
Businesses
70
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Listed by: GIGI BARRIER • THOMAS REAL ESTATE SERVICES
Mls Name: LPRMLS
Mls Provider:
Mls ID: #725033
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.