163 Laurel Branch CourtGlade ValleyNC28627
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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 $840/mo, and a $3,128/mo payment. Purchase price stands at $639,000, and rental yield measures 1.58% with $840/mo rent. Return on cash invested shows 2.62% in year one, and 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 10% and total cumulative return in cash records $21,028. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $840/mo property income covering a $3,128/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28627, Glade Valley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,626 (100%) |
| Owner Occupied HU | 620 (38.1%) |
| Renter Occupied HU | 129 ( 7.9%) |
| Vacant Housing Units | 877 (53.9%) |
| Median Home Value | $246,491 |
| Average Home Value | $411,948 |
Housing Distribution
Address Breakdown
Residential
706
Single Family
706
Multi-Family
0
Businesses
15
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Listed by: TOMMY MAINES • Olde Beau Realty, Inc.
Mls Name: High Country AOR
Mls ID: #259092