0 Lacey Ct #16TrinityNC27370
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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
Rental property for sale in Trinity at 0 Lacey Ct #16, Trinity, NC, 27370 priced at $114,900 converts $895/mo rent into $195/mo cash flow after a $562/mo obligation. Total monthly income equals $895/mo, and annual cash flow totals $2,341/yr on $38,089 invested. Return on cash invested prints 26.06% in year one, and rental yield reads 9.35% against a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation compiles into $31,745 by year five. Five-year ROI reaches 135.79% and total cumulative return in cash sums $51,722. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $895/mo property income covering a $562/mo payment, not borrower’s personal income.
Single Family
Built in N/A
3.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27370, Trinity, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,676 (100%) |
| Owner Occupied HU | 5,336 (79.9%) |
| Renter Occupied HU | 951 (14.2%) |
| Vacant Housing Units | 389 ( 5.8%) |
| Median Home Value | $225,849 |
| Average Home Value | $244,933 |
Housing Distribution
Address Breakdown
Residential
6,606
Single Family
6,514
Multi-Family
92
Businesses
180
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Listed by: Angela Brown Cranford • Price REALTORS - Archdale
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1166266
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