104 Soft Breeze Bnd #160BLocustNC28097
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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 Locust at 104 Soft Breeze Bnd #160B, Locust, NC, 28097 generates $2,615/mo in rent and, after a $1,708/mo payment, leaves $488/mo in cash flow. Total monthly income is $2,615/mo, and annual cash flow is $5,860/yr on $115,660 invested. Return on cash invested sits at 24.98% in year one, and rental yield is 8.99% on a $348,900 entry. Equity gained on principal adds $2,251/yr, while 5% annual appreciation builds toward $96,395 over five years. Five-year ROI reaches 129.91% and total cumulative return in cash sums $150,256. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,615/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28097, Locust, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,049 (100%) |
| Owner Occupied HU | 2,333 (76.5%) |
| Renter Occupied HU | 566 (18.6%) |
| Vacant Housing Units | 150 ( 4.9%) |
| Median Home Value | $315,438 |
| Average Home Value | $340,889 |
Housing Distribution
Address Breakdown
Residential
3,343
Single Family
3,343
Multi-Family
0
Businesses
323
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Listed by: Kaylee Wilson • TLS Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4291582