157 Fairway DrBermuda RunNC27006
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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 Bermuda Run at 157 Fairway Dr, Bermuda Run, NC, 27006 priced at $350,000 pairs $2,462/mo rent with $329/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,462/mo, and annual cash flow comes to $3,948/yr on $116,025 invested. Return on cash invested is 23.31% in year one, and rental yield stands at 8.44% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 120.95% and total cumulative return in cash reaches $140,330. For financing, Ziffy Mortgage’s DSCR program evaluates $2,462/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27006, Advance, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,346 (100%) |
| Owner Occupied HU | 5,736 (78.1%) |
| Renter Occupied HU | 1,129 (15.4%) |
| Vacant Housing Units | 481 ( 6.5%) |
| Median Home Value | $350,623 |
| Average Home Value | $380,540 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
5,624
Multi-Family
1,298
Businesses
336
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Listed by: Amanda Cranfill • Hillsdale Real Estate Group
Mls Name: Triad MLS
Mls ID: #1202475