120 Purple Aster StYoungsvilleNC27596
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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 Youngsville at 120 Purple Aster St, Youngsville, NC, 27596 offers $2,680/mo rent that, after a $2,080/mo payment, leaves $90/mo cash flow. Total monthly income is $2,680/mo, and annual cash flow is $1,080/yr on $140,888 cash. Return on cash invested measures 20.68% in year one, and rental yield stands at 7.57% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 106.81% and total cumulative return in cash reaches $150,485. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,680/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27596, Youngsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,309 (100%) |
| Owner Occupied HU | 7,797 (83.8%) |
| Renter Occupied HU | 1,210 (13.0%) |
| Vacant Housing Units | 302 ( 3.2%) |
| Median Home Value | $367,172 |
| Average Home Value | $379,493 |
Housing Distribution
Address Breakdown
Residential
9,208
Single Family
9,208
Multi-Family
0
Businesses
531
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Listed by: Annette Holt • Compass -- Cary
Mls Name: Doorify MLS
Mls ID: #10110323