1101 Boxcar WayApexNC27502
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 Apex at 1101 Boxcar Way, Apex, NC, 27502 offers $2,227/mo rent that, after a $2,275/mo payment. Total monthly income is $2,227/mo. Return on cash invested measures 15.01% in year one, and rental yield stands at 5.75% at a $464,800 entry. Equity gained on principal adds $2,999/yr while 5% annual appreciation compounds into $128,416 by year five. Five-year ROI records 76.51% and total cumulative return in cash reaches $117,884. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,227/mo property income versus a $2,275/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2016
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27502, Apex, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,077 (100%) |
| Owner Occupied HU | 14,333 (75.1%) |
| Renter Occupied HU | 3,940 (20.7%) |
| Vacant Housing Units | 804 ( 4.2%) |
| Median Home Value | $588,560 |
| Average Home Value | $614,278 |
Housing Distribution
Address Breakdown
Residential
18,556
Single Family
17,585
Multi-Family
971
Businesses
1,422
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A