135 Suntree DrAdvanceNC27006
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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 Advance at 135 Suntree Dr, Advance, NC, 27006 generates $2,094/mo in rent, after a $2,080/mo payment. Total monthly income is $2,094/mo. Return on cash invested sits at 15.68% in year one, and rental yield is 5.91% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 80.05% and total cumulative return in cash sums $112,781. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,094/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27006, Advance, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,346 (100%) |
| Owner Occupied HU | 5,736 (78.1%) |
| Renter Occupied HU | 1,129 (15.4%) |
| Vacant Housing Units | 481 ( 6.5%) |
| Median Home Value | $350,623 |
| Average Home Value | $380,540 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
5,624
Multi-Family
1,298
Businesses
336
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Listed by: LauraBeth Frantz • Southern Signature Properties
Mls Name: Triad MLS
Mls ID: #1203081