109 Asmodean LnTroutmanNC28166
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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 Troutman at 109 Asmodean Ln, Troutman, NC, 28166 with 5% annual appreciation on a $494,590 basis while $4,212/mo rent supports operations. Total monthly income totals $4,212/mo and a $2,421/mo payment preserves $1,198/mo for cash returns. Annual cash flow comes to $14,370/yr on $163,957 deployed, and return on cash invested reaches 28.67% in year one. Equity gained on principal adds $3,192/yr, and five-year appreciation sums $136,646 alongside rental yield of 10.22%. Five-year ROI measures 149.72% and total cumulative return in cash totals $245,473.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,212/mo property income versus a $2,421/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28166, Troutman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,433 (100%) |
| Owner Occupied HU | 5,069 (78.8%) |
| Renter Occupied HU | 839 (13.0%) |
| Vacant Housing Units | 525 ( 8.2%) |
| Median Home Value | $391,722 |
| Average Home Value | $457,118 |
Housing Distribution
Address Breakdown
Residential
5,578
Single Family
5,577
Multi-Family
1
Businesses
393
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Listed by: Theresa, Tricia & Lyndsay- Online Concierge Team • D.R. Horton - Charlotte North
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A