115 Dorian PlTroutmanNC28166
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
Investment property for sale in Troutman at 115 Dorian Pl, Troutman, NC, 28166 at $377,749 posts ROI 27.83% with $827/mo cash flow from $3,195/mo rent. Total monthly income equals $3,195/mo, and annual cash flow records $9,921/yr on $125,224 to close. Return on cash invested measures 27.83% and rental yield reads 10.15% at the current $377,749. Equity gained on principal adds $2,438/yr, and 5% annual appreciation supports $104,365 by year five. Five-year ROI prints 145.43% and total cumulative return in cash totals $182,114.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,195/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
0.14 Acres lot
$N/A/sqft
$198 quarterly 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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Nearby investment properties with comparable prices
Listed by: Cheryl Pierce • Lennar Sales Corp
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4224569
Disclaimer: Based on information submitted to the MLS GRID as of 2025-02-21 21:09:05 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)