Devon Plan, The CarolinaCarthageNC28327
Nearby investment properties with comparable rents
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
Rental property for sale in Carthage at Devon Plan, The Carolina, Carthage, NC, 28327 priced at $530,000 pairs $3,289/mo rent with $59/mo cash flow after a $2,594/mo payment. Total monthly income equals $3,289/mo, and annual cash flow comes to $708/yr on $174,370 invested. Return on cash invested is 20.47% in year one, and rental yield stands at 7.45% on a $530,000 basis. Equity gained on principal adds $3,420/yr, and 5% annual appreciation accumulates to $146,429 by year five. Five-year ROI measures 105.66% and total cumulative return in cash reaches $184,243. For financing, Ziffy Mortgage’s DSCR program evaluates $3,289/mo property income against a $2,594/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28327, Carthage, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,399 (100%) |
| Owner Occupied HU | 6,960 (74.1%) |
| Renter Occupied HU | 1,568 (16.7%) |
| Vacant Housing Units | 871 ( 9.3%) |
| Median Home Value | $388,515 |
| Average Home Value | $417,577 |
Housing Distribution
Address Breakdown
Residential
7,744
Single Family
7,726
Multi-Family
18
Businesses
386
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Ascot
Mls Name: The Ascot Corporation
Mls ID: #N/A