93 Oak StAndrewsNC28901
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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 Andrews at 93 Oak St, Andrews, NC, 28901 earns $165/mo cash flow from $1,719/mo rent with a $1,248/mo payment. Total monthly income totals $1,719/mo, and annual cash flow totals $1,980/yr on $84,533 capital. ROI tracks 22.25% on current figures, and rental yield reads 8.09% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 115.26% and total cumulative return in cash sums $97,436. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,719/mo property income instead of your personal income.
Single Family
Built in 1890
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28901, Andrews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,005 (100%) |
| Owner Occupied HU | 1,686 (56.1%) |
| Renter Occupied HU | 624 (20.8%) |
| Vacant Housing Units | 695 (23.1%) |
| Median Home Value | $232,199 |
| Average Home Value | $249,720 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,785
Multi-Family
13
Businesses
249
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Nearby investment properties with comparable prices
Listed by: Dana Suzanne McLelland • Dana H Jones Realty
Mls Name: Mountain Lakes BOR
Mls ID: #155436