State Road 2244OrrumNC28369
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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
Total monthly income runs $1,560/mo, and a $4,934/mo payment. Purchase price stands at $1,008,150, and rental yield measures 1.86% with $1,560/mo rent. Return on cash invested shows 3.53% in year one, and 5% annual appreciation builds toward $278,533 over five years. Five-year ROI reaches 14.8% and total cumulative return in cash records $48,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,560/mo property income covering a $4,934/mo payment rather than investor’s personal income.
Single Family
Built in N/A
517 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28369, Orrum, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 920 (100%) |
| Owner Occupied HU | 640 (69.6%) |
| Renter Occupied HU | 167 (18.2%) |
| Vacant Housing Units | 113 (12.3%) |
| Median Home Value | $103,500 |
| Average Home Value | $139,148 |
Housing Distribution
Address Breakdown
Residential
895
Single Family
895
Multi-Family
0
Businesses
18
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Listed by: Compass South Land Sales • Compass Land Partners
Mls Name: REALSTACK
Mls ID: #92402