Freelance Plan, SweetwaterHope MillsNC28348
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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 Hope Mills at Freelance Plan, Sweetwater, Hope Mills, NC, 28348 with 5% annual appreciation on a $284,900 basis while $2,485/mo rent supports operations. Total monthly income totals $2,485/mo and a $1,394/mo payment preserves $749/mo for cash returns. Annual cash flow comes to $8,989/yr on $94,444 deployed, and return on cash invested reaches 29.43% in year one. Equity gained on principal adds $1,838/yr, and five-year appreciation sums $78,713 alongside rental yield of 10.47%. Five-year ROI measures 153.8% and total cumulative return in cash totals $145,259.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,485/mo property income versus a $1,394/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28348, Hope Mills, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,809 (100%) |
| Owner Occupied HU | 9,909 (66.9%) |
| Renter Occupied HU | 4,097 (27.7%) |
| Vacant Housing Units | 803 ( 5.4%) |
| Median Home Value | $251,947 |
| Average Home Value | $268,694 |
Housing Distribution
Address Breakdown
Residential
15,019
Single Family
13,982
Multi-Family
1,037
Businesses
579
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Listed by: N/A • Dream Finders Homes
Mls Name: Dream Finders Homes
Mls Provider:
Mls ID: #N/A