985 John Oakley RdProspect HillNC27314
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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 Prospect Hill at 985 John Oakley Rd, Prospect Hill, NC, 27314 earns $564/mo cash flow from $2,203/mo rent with a $1,316/mo payment. Total monthly income totals $2,203/mo, and annual cash flow totals $6,772/yr on $89,140 capital. ROI tracks 27.51% on current figures, and rental yield reads 9.83% at a $268,900 purchase. Equity gained on principal adds $1,735/yr, and 5% annual appreciation supports $74,292 over five years. Five-year ROI reaches 143.49% and total cumulative return in cash sums $127,912. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,203/mo property income instead of your personal income.
Manufactured
Built in 2025
2.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27314, Prospect Hill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 488 (100%) |
| Owner Occupied HU | 352 (72.1%) |
| Renter Occupied HU | 80 (16.4%) |
| Vacant Housing Units | 56 (11.5%) |
| Median Home Value | $226,667 |
| Average Home Value | $299,467 |
Housing Distribution
Address Breakdown
Residential
453
Single Family
453
Multi-Family
0
Businesses
18
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Listed by: Richard DonEvan Paulicelli • Fathom Realty NC, LLC
Mls Name: Doorify MLS
Mls ID: #10111531