149 Great Oak DrGarnerNC27529
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Garner at 149 Great Oak Dr, Garner, NC, 27529 uses $157,463 cash to close to unlock $1,476/yr annual cash flow and $123/mo monthly cash flow. Total monthly income runs $3,018/mo, and a $2,325/mo payment keeps the spread at $123/mo. Purchase price stands at $475,000, and rental yield measures 7.62% with $3,018/mo rent. Return on cash invested shows 20.85% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 107.73% and total cumulative return in cash records $169,639. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,018/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27529, Garner, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,489 (100%) |
| Owner Occupied HU | 17,091 (67.1%) |
| Renter Occupied HU | 7,180 (28.2%) |
| Vacant Housing Units | 1,218 ( 4.8%) |
| Median Home Value | $398,878 |
| Average Home Value | $447,896 |
Housing Distribution
Address Breakdown
Residential
24,113
Single Family
21,389
Multi-Family
2,724
Businesses
2,205
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony Rivera • Alpha Contracting & Real Estat
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10104389
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.