1390 Lloyd Pl NWConcordNC28027
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 Concord at 1390 Lloyd Pl NW, Concord, NC, 28027 offers a 7.66% rental yield on a $439,900 purchase with $2,809/mo rent. Total monthly income registers $2,809/mo, and a $2,153/mo payment leaves $128/mo available for distribution. Annual cash flow reaches $1,537/yr on $145,827 to close, and return on cash invested stands at 20.96% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,536 over five years. Portfolio math shows five-year ROI at 108.39% and total cumulative return in cash at $158,055. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,809/mo property income against a $2,153/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28027, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,521 (100%) |
| Owner Occupied HU | 20,561 (59.6%) |
| Renter Occupied HU | 12,306 (35.6%) |
| Vacant Housing Units | 1,654 ( 4.8%) |
| Median Home Value | $407,377 |
| Average Home Value | $451,720 |
Housing Distribution
Address Breakdown
Residential
32,011
Single Family
28,282
Multi-Family
3,729
Businesses
2,407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Newman • Softwind Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4291682