138 Stillwagon LnCedar MountainNC28718
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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 Cedar Mountain at 138 Stillwagon Ln, Cedar Mountain, NC, 28718 offers a 7.1% rental yield on a $575,000 purchase with $3,400/mo rent. 4% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 99.95% and total cumulative return in cash at $189,083. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,400/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28718, Cedar Mountain, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 357 (100%) |
| Owner Occupied HU | 212 (59.4%) |
| Renter Occupied HU | 42 (11.8%) |
| Vacant Housing Units | 103 (28.9%) |
| Median Home Value | $446,774 |
| Average Home Value | $470,094 |
Housing Distribution
Address Breakdown
Residential
240
Single Family
240
Multi-Family
0
Businesses
53
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Listed by: Demi Loftis • Looking Glass Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4288259