14 Buckner Meadows Rd #GAlexanderNC28701
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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 Alexander at 14 Buckner Meadows Rd #G, Alexander, NC, 28701 offers $4,200/mo rent that, after a $2,447/mo payment, leaves $1,153/mo cash flow. Total monthly income is $4,200/mo, and annual cash flow is $13,836/yr on $165,750 cash. Return on cash invested measures 28.26% in year one, and rental yield stands at 10.08% at a $499,999 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,141 by year five. Five-year ROI records 147.47% and total cumulative return in cash reaches $244,435. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,200/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28701, Alexander, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,996 (100%) |
| Owner Occupied HU | 1,432 (71.7%) |
| Renter Occupied HU | 341 (17.1%) |
| Vacant Housing Units | 223 (11.2%) |
| Median Home Value | $370,307 |
| Average Home Value | $486,063 |
Housing Distribution
Address Breakdown
Residential
1,952
Single Family
1,952
Multi-Family
0
Businesses
48
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Listed by: Richard Simpson • National Land Realty, Western NC
Mls Name: My State MLS
Mls ID: #11510990