94 Armour RdWhittierNC28789
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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 Whittier at 94 Armour Rd, Whittier, NC, 28789 earns $340/mo cash flow from $1,315/mo rent with a $783/mo payment. Total monthly income totals $1,315/mo, and annual cash flow totals $4,080/yr on $53,040 capital. ROI tracks 27.6% on current figures, and rental yield reads 9.86% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 143.96% and total cumulative return in cash sums $76,358. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,315/mo property income instead of your personal income.
Single Family
Built in 1990
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28789, Whittier, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,801 (100%) |
| Owner Occupied HU | 1,973 (51.9%) |
| Renter Occupied HU | 663 (17.4%) |
| Vacant Housing Units | 1,165 (30.6%) |
| Median Home Value | $279,014 |
| Average Home Value | $359,721 |
Housing Distribution
Address Breakdown
Residential
2,496
Single Family
2,496
Multi-Family
0
Businesses
133
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Listed by: N/A • N/A
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