170 Lenape LaneCrestonNC28615
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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 Creston at 170 Lenape Lane, Creston, NC, 28615 offers $0/mo rent that, after a $2,736/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.17% in year one, and rental yield stands at 0% at a $559,000 entry. Equity gained on principal adds $3,607/yr while 5% annual appreciation compounds into $154,441 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $2,736/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
3.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28615, Creston, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,355 (100%) |
| Owner Occupied HU | 792 (58.5%) |
| Renter Occupied HU | 156 (11.5%) |
| Vacant Housing Units | 407 (30.0%) |
| Median Home Value | $288,235 |
| Average Home Value | $364,568 |
Housing Distribution
Address Breakdown
Residential
1,032
Single Family
1,032
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Rita Perry Spicer • Howard Hanna Allen Tate Ashe High Country Realty
Mls Name: High Country AOR
Mls ID: #258582