1617 Armstrong Ford RdBelmontNC28012
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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
Total monthly income runs $2,470/mo, and a $3,666/mo payment. Purchase price stands at $749,000, and rental yield measures 3.96% with $2,470/mo rent. Return on cash invested shows 9.86% in year one, and 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 48.8% and total cumulative return in cash records $120,256. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,470/mo property income covering a $3,666/mo payment rather than investor’s personal income.
Single Family
Built in 1951
3 Acres 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 • N/A
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