123 E Main StreetFremontNC27830
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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 Fremont at 123 E Main Street, Fremont, NC, 27830 generates $300/mo in rent, after a $1,492/mo payment. Total monthly income is $300/mo. Return on cash invested sits at 1.41% in year one, and rental yield is 1.18% on a $304,900 entry. Equity gained on principal adds $1,967/yr, while 5% annual appreciation builds toward $84,238 over five years. Five-year ROI reaches 3.58% and total cumulative return in cash sums $3,614. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $300/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
2.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27830, Fremont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,999 (100%) |
| Owner Occupied HU | 1,233 (61.7%) |
| Renter Occupied HU | 491 (24.6%) |
| Vacant Housing Units | 275 (13.8%) |
| Median Home Value | $199,038 |
| Average Home Value | $229,019 |
Housing Distribution
Address Breakdown
Residential
1,500
Single Family
1,500
Multi-Family
0
Businesses
113
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Listed by: Chad Alexander • Homestation Properties
Mls Name: Hive MLS
Mls ID: #100529476