121 Lazy Bear TrlAndrewsNC28901
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 Andrews at 121 Lazy Bear Trl, Andrews, NC, 28901 offers a 10.6% rental yield on a $182,500 purchase with $1,612/mo rent. Total monthly income registers $1,612/mo, and a $893/mo payment leaves $500/mo available for distribution. Annual cash flow reaches $6,000/yr on $60,499 to close, and return on cash invested stands at 29.83% in year one. Equity gained on principal adds $1,178/yr while 5% annual appreciation supports $50,421 over five years. Portfolio math shows five-year ROI at 155.88% and total cumulative return in cash at $94,306. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,612/mo property income against a $893/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28901, Andrews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,005 (100%) |
| Owner Occupied HU | 1,686 (56.1%) |
| Renter Occupied HU | 624 (20.8%) |
| Vacant Housing Units | 695 (23.1%) |
| Median Home Value | $232,199 |
| Average Home Value | $249,720 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,785
Multi-Family
13
Businesses
249
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Listed by: Allison Ralph • Nantahala Real Estate
Mls Name: Mountain Lakes BOR
Mls ID: #154394