1708 Heron CtBelmontNC28012
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 Belmont at 1708 Heron Ct, Belmont, NC, 28012 uses $159,647 cash to close to unlock $3,361/yr annual cash flow and $280/mo monthly cash flow. Total monthly income runs $3,215/mo, and a $2,357/mo payment keeps the spread at $280/mo. Purchase price stands at $481,589, and rental yield measures 8.01% with $3,215/mo rent. Return on cash invested shows 22.01% in year one, and 5% annual appreciation builds toward $133,054 over five years. Five-year ROI reaches 114.03% and total cumulative return in cash records $182,051. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,215/mo property income covering a $2,357/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28012, Belmont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,877 (100%) |
| Owner Occupied HU | 8,907 (64.2%) |
| Renter Occupied HU | 3,733 (26.9%) |
| Vacant Housing Units | 1,237 ( 8.9%) |
| Median Home Value | $408,467 |
| Average Home Value | $469,719 |
Housing Distribution
Address Breakdown
Residential
12,873
Single Family
11,456
Multi-Family
1,417
Businesses
877
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheryl Pierce • Lennar Sales Corp
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4332149