18 Lazy Bear TrlAndrewsNC28901
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 Andrews at 18 Lazy Bear Trl, Andrews, NC, 28901 at $224,000 posts ROI 25.26% with $331/mo cash flow from $1,746/mo rent. Total monthly income equals $1,746/mo, and annual cash flow records $3,974/yr on $74,256 to close. Return on cash invested measures 25.26% and rental yield reads 9.35% at the current $224,000. Equity gained on principal adds $1,445/yr, and 5% annual appreciation supports $61,887 by year five. Five-year ROI prints 131.76% and total cumulative return in cash totals $97,843.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,746/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
8,712 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28901, Andrews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,005 (100%) |
| Owner Occupied HU | 1,686 (56.1%) |
| Renter Occupied HU | 624 (20.8%) |
| Vacant Housing Units | 695 (23.1%) |
| Median Home Value | $232,199 |
| Average Home Value | $249,720 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,785
Multi-Family
13
Businesses
249
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Nearby investment properties with comparable prices
Listed by: Jeremiah Jacobs • Olde Town Brokers
Mls Name: NGBOR
Mls ID: #415470
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.