112 Scotch Moss DrAdvanceNC27006
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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 Advance at 112 Scotch Moss Dr, Advance, NC, 27006 priced at $419,900 pairs $2,878/mo rent with $319/mo cash flow after a $2,055/mo payment. Total monthly income equals $2,878/mo, and annual cash flow comes to $3,829/yr on $139,197 invested. Return on cash invested is 22.66% in year one, and rental yield stands at 8.22% on a $419,900 basis. Equity gained on principal adds $2,710/yr, and 5% annual appreciation accumulates to $116,011 by year five. Five-year ROI measures 117.5% and total cumulative return in cash reaches $163,560. For financing, Ziffy Mortgage’s DSCR program evaluates $2,878/mo property income against a $2,055/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2016
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27006, Advance, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,346 (100%) |
| Owner Occupied HU | 5,736 (78.1%) |
| Renter Occupied HU | 1,129 (15.4%) |
| Vacant Housing Units | 481 ( 6.5%) |
| Median Home Value | $350,623 |
| Average Home Value | $380,540 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
5,624
Multi-Family
1,298
Businesses
336
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Listed by: Amanda Cranfill • Hillsdale Real Estate Group
Mls Name: Triad MLS
Mls ID: #1201874