Fairview Plan, RavensbrookCarthageNC28327
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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 Carthage at Fairview Plan, Ravensbrook, Carthage, NC, 28327 with 5% annual appreciation on a $564,000 basis while $3,480/mo rent supports operations. Total monthly income totals $3,480/mo and a $2,761/mo payment preserves $43/mo for cash returns. Annual cash flow comes to $518/yr on $185,556 deployed, and return on cash invested reaches 20.34% in year one. Equity gained on principal adds $3,639/yr, and five-year appreciation sums $155,823 alongside rental yield of 7.4%. Five-year ROI measures 105.01% and total cumulative return in cash totals $194,845.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,480/mo property income versus a $2,761/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
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
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Listed by: N/A • Ascot
Mls Name: The Ascot Corporation
Mls ID: #N/A