151 Outrigger LnTroutmanNC28166
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 Troutman at 151 Outrigger Ln, Troutman, NC, 28166 offers a 7.94% rental yield on a $463,400 purchase with $3,065/mo rent. Total monthly income registers $3,065/mo, and a $2,268/mo payment leaves $77/mo available for distribution. Annual cash flow reaches $929/yr on $153,617 to close, and return on cash invested stands at 20.51% in year one. Equity gained on principal adds $2,990/yr while 5% annual appreciation supports $128,029 over five years. Portfolio math shows five-year ROI at 106.43% and total cumulative return in cash at $163,489. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,065/mo property income against a $2,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.28 Acres lot
$N/A/sqft
$67 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28166, Troutman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,433 (100%) |
| Owner Occupied HU | 5,069 (78.8%) |
| Renter Occupied HU | 839 (13.0%) |
| Vacant Housing Units | 525 ( 8.2%) |
| Median Home Value | $391,722 |
| Average Home Value | $457,118 |
Housing Distribution
Address Breakdown
Residential
5,578
Single Family
5,577
Multi-Family
1
Businesses
393
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A