138 S Chatem CtUnion MillsNC28167
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 Union Mills at 138 S Chatem Ct, Union Mills, NC, 28167 with 5% annual appreciation on a $650,000 basis while $3,060/mo rent supports operations. Equity gained on principal adds $4,194/yr, and five-year appreciation sums $179,583 alongside rental yield of 5.65%. Five-year ROI measures 76.37% and total cumulative return in cash totals $163,322. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,060/mo property income versus a $3,181/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2015
4.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28167, Union Mills, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,327 (100%) |
| Owner Occupied HU | 916 (69.0%) |
| Renter Occupied HU | 171 (12.9%) |
| Vacant Housing Units | 240 (18.1%) |
| Median Home Value | $320,000 |
| Average Home Value | $419,132 |
Housing Distribution
Address Breakdown
Residential
1,291
Single Family
1,291
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cara Fiano • Mackey Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4324885