138 Pointer Ct SEConcordNC28025
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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 Concord at 138 Pointer Ct SE, Concord, NC, 28025 at $750,000 posts ROI 21.49% with $293/mo cash flow from $4,864/mo rent. Total monthly income equals $4,864/mo, and annual cash flow records $3,516/yr on $246,750 to close. Return on cash invested measures 21.49% and rental yield reads 7.78% at the current $750,000. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 by year five. Five-year ROI prints 111.13% and total cumulative return in cash totals $274,206.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,864/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28025, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,074 (100%) |
| Owner Occupied HU | 15,931 (66.2%) |
| Renter Occupied HU | 6,759 (28.1%) |
| Vacant Housing Units | 1,384 ( 5.7%) |
| Median Home Value | $356,267 |
| Average Home Value | $399,145 |
Housing Distribution
Address Breakdown
Residential
22,882
Single Family
21,679
Multi-Family
1,203
Businesses
1,495
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Listed by: Consuelo Souders • Keller Williams Lake Norman
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4293007