103 Manchester CourtLa GrangeNC28551
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
Investment property for sale in La Grange at 103 Manchester Court, La Grange, NC, 28551 at $374,250 posts ROI 25.31% with $558/mo cash flow from $2,839/mo rent. Total monthly income equals $2,839/mo, and annual cash flow records $6,695/yr on $124,064 to close. Return on cash invested measures 25.31% and rental yield reads 9.1% at the current $374,250. Equity gained on principal adds $2,415/yr, and 5% annual appreciation supports $103,398 by year five. Five-year ROI prints 131.65% and total cumulative return in cash totals $163,327.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,839/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28551, La Grange, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,818 (100%) |
| Owner Occupied HU | 3,583 (61.6%) |
| Renter Occupied HU | 1,525 (26.2%) |
| Vacant Housing Units | 710 (12.2%) |
| Median Home Value | $182,914 |
| Average Home Value | $233,400 |
Housing Distribution
Address Breakdown
Residential
6,017
Single Family
5,994
Multi-Family
23
Businesses
299
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Nearby investment properties with comparable prices
Listed by: Teresa Honeycutt • Adams Homes Realty NC, Inc.
Mls Name: Hive MLS
Mls ID: #100547381