1010 Cedar HolwLewisvilleNC27023
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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 Lewisville at 1010 Cedar Holw, Lewisville, NC, 27023 uses $102,434 cash to close to unlock $3,554/yr annual cash flow and $296/mo monthly cash flow. Total monthly income runs $2,179/mo, and a $1,512/mo payment keeps the spread at $296/mo. Purchase price stands at $309,000, and rental yield measures 8.46% with $2,179/mo rent. Return on cash invested shows 23.38% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 121.35% and total cumulative return in cash records $124,301. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,179/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27023, Lewisville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,965 (100%) |
| Owner Occupied HU | 4,746 (79.6%) |
| Renter Occupied HU | 816 (13.7%) |
| Vacant Housing Units | 403 ( 6.8%) |
| Median Home Value | $391,092 |
| Average Home Value | $494,701 |
Housing Distribution
Address Breakdown
Residential
5,550
Single Family
5,243
Multi-Family
307
Businesses
370
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Listed by: Brooke Plitt • eXp Realty
Mls Name: Triad MLS
Mls ID: #1198674