LOT 283 Seventeen Taylors Creek WayGodwinNC28344
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 Godwin at LOT 283 Seventeen Taylors Creek Way, Godwin, NC, 28344 generates $2,231/mo in rent and, after a $1,556/mo payment, leaves $277/mo in cash flow. Total monthly income is $2,231/mo, and annual cash flow is $3,322/yr on $105,400 invested. Return on cash invested sits at 23.06% in year one, and rental yield is 8.42% on a $317,950 entry. Equity gained on principal adds $2,052/yr, while 5% annual appreciation builds toward $87,844 over five years. Five-year ROI reaches 119.69% and total cumulative return in cash sums $126,151. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,231/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.61 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28344, Godwin, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,273 (100%) |
| Owner Occupied HU | 918 (72.1%) |
| Renter Occupied HU | 253 (19.9%) |
| Vacant Housing Units | 102 ( 8.0%) |
| Median Home Value | $239,623 |
| Average Home Value | $255,961 |
Housing Distribution
Address Breakdown
Residential
1,259
Single Family
1,259
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bryant Tumbelekis • LPT Realty, LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10057211
Disclaimer: Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers personal, non-commercial use. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers personal, non-commercial use. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.