138 Meadowfall LnTroutmanNC28166
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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 Troutman at 138 Meadowfall Ln, Troutman, NC, 28166 offers a 5.77% rental yield on a $450,000 purchase with $2,164/mo rent. 25% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 77.73% and total cumulative return in cash at $115,950. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,164/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.46 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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Listed by: Chad Markel • EXP Realty LLC Mooresville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4315902