107 Creek Bend DrVassNC28394
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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
Investment property for sale in Vass at 107 Creek Bend Dr, Vass, NC, 28394 uses $49,725 cash to close to unlock $3,600/yr annual cash flow and $300/mo monthly cash flow. Total monthly income runs $1,214/mo, and a $734/mo payment keeps the spread at $300/mo. Purchase price stands at $150,000, and rental yield measures 9.71% with $1,214/mo rent. Return on cash invested shows 27.15% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 141.5% and total cumulative return in cash records $70,362. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,214/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 2008
2.16 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: Bernard Fleming • Fleming Real Estate
Mls Name: Xome
Mls Provider:
Mls ID: #743899