105 Robinson Cove Rd #ACandlerNC28715
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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 Candler at 105 Robinson Cove Rd #A, Candler, NC, 28715 generates $3,420/mo in rent and, after a $1,948/mo payment, leaves $994/mo in cash flow. Total monthly income is $3,420/mo, and annual cash flow is $11,933/yr on $131,937 invested. Return on cash invested sits at 28.95% in year one, and rental yield is 10.31% on a $398,000 entry. Equity gained on principal adds $2,568/yr, while 5% annual appreciation builds toward $109,960 over five years. Five-year ROI reaches 151.24% and total cumulative return in cash sums $199,548. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,420/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28715, Candler, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,024 (100%) |
| Owner Occupied HU | 8,674 (66.6%) |
| Renter Occupied HU | 3,160 (24.3%) |
| Vacant Housing Units | 1,190 ( 9.1%) |
| Median Home Value | $395,567 |
| Average Home Value | $477,276 |
Housing Distribution
Address Breakdown
Residential
12,504
Single Family
12,494
Multi-Family
10
Businesses
514
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Listed by: Tatyana Voznyuk • Mountains Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4293915