143-145-145 Bahia LnGlenvilleNC28736
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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 Glenville at 143-145-145 Bahia Ln, Glenville, NC, 28736 uses $73,262 cash to close to unlock $7,150/yr annual cash flow and $596/mo monthly cash flow. Total monthly income runs $1,943/mo, and a $1,082/mo payment keeps the spread at $596/mo. Purchase price stands at $221,000, and rental yield measures 10.55% with $1,943/mo rent. Return on cash invested shows 29.67% in year one, and 5% annual appreciation builds toward $61,058 over five years. Five-year ROI reaches 155.05% and total cumulative return in cash records $113,593. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,943/mo property income covering a $1,082/mo payment rather than investor’s personal income.
Multi Family
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28736, Glenville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 355 (29.0%) |
| Renter Occupied HU | 100 ( 8.2%) |
| Vacant Housing Units | 768 (62.8%) |
| Median Home Value | $439,063 |
| Average Home Value | $540,718 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
52
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Listed by: AMANDA HIGH • RE/MAX CHOICE
Mls Name: LPRMLS
Mls ID: #754281