158 Fox Trace LnSalemburgNC28385
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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 Salemburg at 158 Fox Trace Ln, Salemburg, NC, 28385 offers $2,464/mo rent that, after a $1,317/mo payment, leaves $816/mo cash flow. Total monthly income is $2,464/mo, and annual cash flow is $9,789/yr on $89,207 cash. Return on cash invested measures 30.88% in year one, and rental yield stands at 10.99% at a $269,100 entry. Equity gained on principal adds $1,736/yr while 5% annual appreciation compounds into $74,347 by year five. Five-year ROI records 161.59% and total cumulative return in cash reaches $144,151. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,464/mo property income versus a $1,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.59 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28385, Salemburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,199 (100%) |
| Owner Occupied HU | 808 (67.4%) |
| Renter Occupied HU | 253 (21.1%) |
| Vacant Housing Units | 138 (11.5%) |
| Median Home Value | $161,111 |
| Average Home Value | $192,877 |
Housing Distribution
Address Breakdown
Residential
1,088
Single Family
1,088
Multi-Family
0
Businesses
40
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Listed by: JULIE GOOD • DREAM FINDERS REALTY, LLC.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #732694
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.