17 Lariat LnCantonNC28716
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Canton at 17 Lariat Ln, Canton, NC, 28716 uses $40,542 cash to close to unlock $11,307/yr annual cash flow and $942/mo monthly cash flow. Total monthly income runs $1,688/mo, and a $599/mo payment keeps the spread at $942/mo. Purchase price stands at $122,300, and rental yield measures 16.56% with $1,688/mo rent. Return on cash invested shows 47.8% in year one, and 5% annual appreciation builds toward $33,789 over five years. Five-year ROI reaches 252.38% and total cumulative return in cash records $102,321. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,688/mo property income covering a $599/mo payment rather than investor’s personal income.
Single Family
Built in 2000
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28716, Canton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,677 (100%) |
| Owner Occupied HU | 5,864 (67.6%) |
| Renter Occupied HU | 1,673 (19.3%) |
| Vacant Housing Units | 1,140 (13.1%) |
| Median Home Value | $249,573 |
| Average Home Value | $297,654 |
Housing Distribution
Address Breakdown
Residential
7,868
Single Family
7,802
Multi-Family
66
Businesses
437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A