126 Cedarvale DrHarmonyNC28634
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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 Harmony at 126 Cedarvale Dr, Harmony, NC, 28634 priced at $114,900 pairs $923/mo rent with $223/mo cash flow after a $562/mo payment. Total monthly income equals $923/mo, and annual cash flow comes to $2,677/yr on $38,089 invested. Return on cash invested is 26.94% in year one, and rental yield stands at 9.64% on a $114,900 basis. Equity gained on principal adds $741/yr, and 5% annual appreciation accumulates to $31,745 by year five. Five-year ROI measures 140.52% and total cumulative return in cash reaches $53,522. For financing, Ziffy Mortgage’s DSCR program evaluates $923/mo property income against a $562/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1980
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28634, Harmony, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,274 (100%) |
| Owner Occupied HU | 1,608 (70.7%) |
| Renter Occupied HU | 413 (18.2%) |
| Vacant Housing Units | 253 (11.1%) |
| Median Home Value | $227,326 |
| Average Home Value | $355,816 |
Housing Distribution
Address Breakdown
Residential
2,182
Single Family
2,182
Multi-Family
0
Businesses
106
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Listed by: Katy Bridges • Carolina Right Way Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4302395