127 Sandy Plains LnHendersonNC27537
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
Rental property for sale in Henderson at 127 Sandy Plains Ln, Henderson, NC, 27537 priced at $259,000 converts $1,860/mo rent into $281/mo cash flow after a $1,268/mo obligation. Total monthly income equals $1,860/mo, and annual cash flow totals $3,374/yr on $85,859 invested. Return on cash invested prints 23.84% in year one, and rental yield reads 8.62% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 123.82% and total cumulative return in cash sums $106,312. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Manufactured
Built in 2025
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27537, Henderson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,944 (100%) |
| Owner Occupied HU | 6,840 (62.5%) |
| Renter Occupied HU | 2,756 (25.2%) |
| Vacant Housing Units | 1,348 (12.3%) |
| Median Home Value | $198,962 |
| Average Home Value | $253,341 |
Housing Distribution
Address Breakdown
Residential
9,933
Single Family
9,894
Multi-Family
39
Businesses
258
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Clay Wilson • Wilson Realty
Mls Name: Doorify MLS
Mls ID: #10136291