175 Kevin Creek RoadFleetwoodNC28626
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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 Fleetwood at 175 Kevin Creek Road, Fleetwood, NC, 28626 priced at $550,000 pairs $2,854/mo rent with after a $2,692/mo payment. Total monthly income equals $2,854/mo. Return on cash invested is 16.76% in year one, and rental yield stands at 6.23% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 85.77% and total cumulative return in cash reaches $155,206. For financing, Ziffy Mortgage’s DSCR program evaluates $2,854/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28626, Fleetwood, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,736 (100%) |
| Owner Occupied HU | 940 (54.1%) |
| Renter Occupied HU | 195 (11.2%) |
| Vacant Housing Units | 601 (34.6%) |
| Median Home Value | $328,333 |
| Average Home Value | $366,633 |
Housing Distribution
Address Breakdown
Residential
1,369
Single Family
1,369
Multi-Family
0
Businesses
61
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Listed by: Andrew Plyler • Blue Ridge Realty & Inv. West
Mls Name: High Country AOR
Mls ID: #256693