147 Broadview 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
Rental property for sale in Glenville at 147 Broadview Ln, Glenville, NC, 28736 priced at $675,200 converts $3,947/mo rent into after a $3,305/mo obligation. Total monthly income equals $3,947/mo. Return on cash invested prints 19.15% in year one, and rental yield reads 7.01% against a $675,200 entry. Equity gained on principal adds $4,357/yr, while 5% annual appreciation compiles into $186,545 by year five. Five-year ROI reaches 98.62% and total cumulative return in cash sums $219,065. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,947/mo property income covering a $3,305/mo payment, not borrower’s personal income.
Single Family
Built in 2000
7.74 Acres 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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Nearby investment properties with comparable prices
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