Fulham 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 Fulham Plan, Ravensbrook, Carthage, NC, 28327 uses $194,768 cash to close to unlock $1,111/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $3,701/mo, and a $2,898/mo payment keeps the spread at $93/mo. Purchase price stands at $592,000, and rental yield measures 7.5% with $3,701/mo rent. Return on cash invested shows 20.63% in year one, and 5% annual appreciation builds toward $163,559 over five years. Five-year ROI reaches 106.56% and total cumulative return in cash records $207,548. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,701/mo property income covering a $2,898/mo payment rather than investor’s personal income.
Single Family
Built in 2024
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 • The Ascot Corporation
Mls Name: The Ascot Corporation
Mls ID: #N/A