131 Rainwood DrTroutmanNC28166
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 Troutman at 131 Rainwood Dr, Troutman, NC, 28166 at $275,000 posts ROI 27.81% with $600/mo cash flow from $2,276/mo rent. Total monthly income equals $2,276/mo, and annual cash flow records $7,200/yr on $91,163 to close. Return on cash invested measures 27.81% and rental yield reads 9.93% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 145.06% and total cumulative return in cash totals $132,239.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,276/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1990
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28166, Troutman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,433 (100%) |
| Owner Occupied HU | 5,069 (78.8%) |
| Renter Occupied HU | 839 (13.0%) |
| Vacant Housing Units | 525 ( 8.2%) |
| Median Home Value | $391,722 |
| Average Home Value | $457,118 |
Housing Distribution
Address Breakdown
Residential
5,578
Single Family
5,577
Multi-Family
1
Businesses
393
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Nearby investment properties with comparable prices
Listed by: Beth Pihl • Southern Homes of the Carolinas, Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4276098