1616 Swallow Tail DrBelmontNC28012
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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
Investment property for sale in Belmont at 1616 Swallow Tail Dr, Belmont, NC, 28012 offers a 9.61% rental yield on a $426,999 purchase with $3,418/mo rent. Total monthly income registers $3,418/mo, and a $2,090/mo payment leaves $816/mo available for distribution. Annual cash flow reaches $9,787/yr on $141,550 to close, and return on cash invested stands at 26.82% in year one. Equity gained on principal adds $2,755/yr while 5% annual appreciation supports $117,972 over five years. Portfolio math shows five-year ROI at 139.8% and total cumulative return in cash at $197,888. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,418/mo property income against a $2,090/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28012, Belmont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,877 (100%) |
| Owner Occupied HU | 8,907 (64.2%) |
| Renter Occupied HU | 3,733 (26.9%) |
| Vacant Housing Units | 1,237 ( 8.9%) |
| Median Home Value | $408,467 |
| Average Home Value | $469,719 |
Housing Distribution
Address Breakdown
Residential
12,873
Single Family
11,456
Multi-Family
1,417
Businesses
877
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A