107 Cottonwood LnSummerfieldNC27358
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
Rental property for sale in Summerfield at 107 Cottonwood Ln, Summerfield, NC, 27358 offers $2,716/mo rent that, after a $2,300/mo payment. Total monthly income is $2,716/mo. Return on cash invested measures 18.77% in year one, and rental yield stands at 6.94% at a $469,900 entry. Equity gained on principal adds $3,032/yr while 5% annual appreciation compounds into $129,825 by year five. Five-year ROI records 96.63% and total cumulative return in cash reaches $150,518. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,716/mo property income versus a $2,300/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27358, Summerfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 5,164 (85.2%) |
| Renter Occupied HU | 612 (10.1%) |
| Vacant Housing Units | 282 ( 4.7%) |
| Median Home Value | $475,086 |
| Average Home Value | $526,725 |
Housing Distribution
Address Breakdown
Residential
5,848
Single Family
5,786
Multi-Family
62
Businesses
326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Delahanty • Coldwell Banker Advantage
Mls Name: Triad MLS
Mls ID: #1206983