135 Alan Adale CtLexingtonNC27292
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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
Investment property for sale in Lexington at 135 Alan Adale Ct, Lexington, NC, 27292 with 5% annual appreciation on a $155,000 basis while $1,186/mo rent supports operations. Total monthly income totals $1,186/mo and a $759/mo payment preserves $241/mo for cash returns. Annual cash flow comes to $2,892/yr on $51,383 deployed, and return on cash invested reaches 25.54% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 9.18%. Five-year ROI measures 132.89% and total cumulative return in cash totals $68,284.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,186/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1985
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27292, Lexington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,311 (100%) |
| Owner Occupied HU | 11,686 (60.5%) |
| Renter Occupied HU | 5,337 (27.6%) |
| Vacant Housing Units | 2,288 (11.8%) |
| Median Home Value | $238,816 |
| Average Home Value | $280,651 |
Housing Distribution
Address Breakdown
Residential
17,605
Single Family
16,969
Multi-Family
636
Businesses
1,197
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Listed by: Crystal Cabe • Keller Williams Realty
Mls Name: Triad MLS
Mls ID: #1203133