161 Fox Trace Lane ExtSalemburgNC28385
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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 161 Fox Trace Lane Ext, Salemburg, NC, 28385 generates $1,440/mo in rent, after a $1,334/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 16.97% in year one, and rental yield is 6.34% on a $272,500 entry. Equity gained on principal adds $1,758/yr, while 5% annual appreciation builds toward $75,287 over five years. Five-year ROI reaches 86.96% and total cumulative return in cash sums $78,558. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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: N/A • Dream Finders Homes
Mls Name: Dream Finders Homes
Mls Provider:
Mls ID: #N/A