162 Golfview 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 162 Golfview Dr, Bermuda Run, NC, 27006 offers $1,764/mo rent that, after a $1,370/mo payment, leaves $58/mo cash flow. Total monthly income is $1,764/mo, and annual cash flow is $697/yr on $92,787 cash. Return on cash invested measures 20.66% in year one, and rental yield stands at 7.56% at a $279,900 entry. Equity gained on principal adds $1,806/yr while 5% annual appreciation compounds into $77,331 by year five. Five-year ROI records 106.8% and total cumulative return in cash reaches $99,097. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,764/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A 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: Cara Irvine • RE/MAX Preferred Properties
Mls Name: Triad MLS
Mls ID: #1204472