1397 Hasse AveApexNC27502
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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
Rental property for sale in Apex at 1397 Hasse Ave, Apex, NC, 27502 priced at $466,530 converts $2,640/mo rent into after a $2,283/mo obligation. Total monthly income equals $2,640/mo. Return on cash invested prints 18.34% in year one, and rental yield reads 6.79% against a $466,530 entry. Equity gained on principal adds $3,010/yr, while 5% annual appreciation compiles into $128,894 by year five. Five-year ROI reaches 94.29% and total cumulative return in cash sums $145,824. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $2,283/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27502, Apex, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,077 (100%) |
| Owner Occupied HU | 14,333 (75.1%) |
| Renter Occupied HU | 3,940 (20.7%) |
| Vacant Housing Units | 804 ( 4.2%) |
| Median Home Value | $588,560 |
| Average Home Value | $614,278 |
Housing Distribution
Address Breakdown
Residential
18,556
Single Family
17,585
Multi-Family
971
Businesses
1,422
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Listed by: N/A • Pulte Homes
Mls Name: Pulte
Mls Provider:
Mls ID: #N/A