179 Beston DriveLa GrangeNC28551
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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
Investment property for sale in La Grange at 179 Beston Drive, La Grange, NC, 28551 earns $653/mo cash flow from $1,902/mo rent with a $1,003/mo payment. Total monthly income totals $1,902/mo, and annual cash flow totals $7,837/yr on $67,924 capital. ROI tracks 31.45% on current figures, and rental yield reads 11.14% at a $204,900 purchase. Equity gained on principal adds $1,322/yr, and 5% annual appreciation supports $56,610 over five years. Five-year ROI reaches 164.67% and total cumulative return in cash sums $111,850. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,902/mo property income instead of your personal income.
Single Family
Built in 2000
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28551, La Grange, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,818 (100%) |
| Owner Occupied HU | 3,583 (61.6%) |
| Renter Occupied HU | 1,525 (26.2%) |
| Vacant Housing Units | 710 (12.2%) |
| Median Home Value | $182,914 |
| Average Home Value | $233,400 |
Housing Distribution
Address Breakdown
Residential
6,017
Single Family
5,994
Multi-Family
23
Businesses
299
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Listed by: Felicia Worrell • Coldwell Banker Howard Perry & Walston
Mls Name: Hive MLS
Mls ID: #100530791