1419 Caracara CtBelmontNC28012
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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 Belmont at 1419 Caracara Ct, Belmont, NC, 28012 offers a 9.43% rental yield on a $495,779 purchase with $3,896/mo rent. Total monthly income registers $3,896/mo, and a $2,427/mo payment leaves $874/mo available for distribution. Annual cash flow reaches $10,489/yr on $164,351 to close, and return on cash invested stands at 26.29% in year one. Equity gained on principal adds $3,199/yr while 5% annual appreciation supports $136,975 over five years. Portfolio math shows five-year ROI at 136.96% and total cumulative return in cash at $225,099. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,896/mo property income against a $2,427/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28012, Belmont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,877 (100%) |
| Owner Occupied HU | 8,907 (64.2%) |
| Renter Occupied HU | 3,733 (26.9%) |
| Vacant Housing Units | 1,237 ( 8.9%) |
| Median Home Value | $408,467 |
| Average Home Value | $469,719 |
Housing Distribution
Address Breakdown
Residential
12,873
Single Family
11,456
Multi-Family
1,417
Businesses
877
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A