116 Edmer LnGarnerNC27529
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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 Garner at 116 Edmer Ln, Garner, NC, 27529 at $519,900 posts ROI 14.76% with from $2,414/mo rent. Total monthly income equals $2,414/mo. Return on cash invested measures 14.76% and rental yield reads 5.57% at the current $519,900. Equity gained on principal adds $3,355/yr, and 5% annual appreciation supports $143,639 by year five. Five-year ROI prints 75.11% and total cumulative return in cash totals $128,476. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,414/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27529, Garner, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,489 (100%) |
| Owner Occupied HU | 17,091 (67.1%) |
| Renter Occupied HU | 7,180 (28.2%) |
| Vacant Housing Units | 1,218 ( 4.8%) |
| Median Home Value | $398,878 |
| Average Home Value | $447,896 |
Housing Distribution
Address Breakdown
Residential
24,113
Single Family
21,389
Multi-Family
2,724
Businesses
2,205
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Listed by: William Maliszewski • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls ID: #10130070