169 King Arthur LnAdvanceNC27006
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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 Advance at 169 King Arthur Ln, Advance, NC, 27006 priced at $810,000 pairs $1,544/mo rent with after a $3,965/mo payment. Total monthly income equals $1,544/mo. Return on cash invested is 4.78% in year one, and rental yield stands at 2.29% on a $810,000 basis. Equity gained on principal adds $5,227/yr, and 5% annual appreciation accumulates to $223,788 by year five. Five-year ROI measures 21.56% and total cumulative return in cash reaches $57,447. For financing, Ziffy Mortgage’s DSCR program evaluates $1,544/mo property income against a $3,965/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
2.88 Acres 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: Kris Shepherd • eXp Realty
Mls Name: Triad MLS
Mls ID: #1206070