1064 Tresses CourtVassNC28394
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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 Vass at 1064 Tresses Court, Vass, NC, 28394 generates $5,278/mo in rent, after a $6,118/mo payment. Total monthly income is $5,278/mo. Return on cash invested sits at 13.44% in year one, and rental yield is 5.07% on a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 67.91% and total cumulative return in cash sums $275,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,278/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28394, Vass, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,826 (100%) |
| Owner Occupied HU | 1,900 (67.2%) |
| Renter Occupied HU | 616 (21.8%) |
| Vacant Housing Units | 310 (11.0%) |
| Median Home Value | $346,532 |
| Average Home Value | $432,871 |
Housing Distribution
Address Breakdown
Residential
2,565
Single Family
2,565
Multi-Family
0
Businesses
155
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Listed by: Jim Horne • The Lake Resort Properties
Mls Name: Hive MLS
Mls ID: #100515167