15 Iris DrYoungsvilleNC27596
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 Youngsville at 15 Iris Dr, Youngsville, NC, 27596 at $399,000 posts ROI 20.09% with $20/mo cash flow from $2,452/mo rent. Total monthly income equals $2,452/mo, and annual cash flow records $242/yr on $132,269 to close. Return on cash invested measures 20.09% and rental yield reads 7.37% at the current $399,000. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 by year five. Five-year ROI prints 103.74% and total cumulative return in cash totals $137,210.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,452/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27596, Youngsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,309 (100%) |
| Owner Occupied HU | 7,797 (83.8%) |
| Renter Occupied HU | 1,210 (13.0%) |
| Vacant Housing Units | 302 ( 3.2%) |
| Median Home Value | $367,172 |
| Average Home Value | $379,493 |
Housing Distribution
Address Breakdown
Residential
9,208
Single Family
9,208
Multi-Family
0
Businesses
531
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Nearby investment properties with comparable prices
Listed by: Bre Booker Rouse • Transition Realty Group
Mls Name: Doorify MLS
Mls ID: #10115193