1849 Ballard RdFuquay VarinaNC27526
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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 Fuquay Varina at 1849 Ballard Rd, Fuquay Varina, NC, 27526 priced at $447,700 converts $2,978/mo rent into $250/mo cash flow after a $2,191/mo obligation. Total monthly income equals $2,978/mo, and annual cash flow totals $2,997/yr on $148,413 invested. Return on cash invested prints 21.93% in year one, and rental yield reads 7.98% against a $447,700 entry. Equity gained on principal adds $2,889/yr, while 5% annual appreciation compiles into $123,691 by year five. Five-year ROI reaches 113.54% and total cumulative return in cash sums $168,508. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,978/mo property income covering a $2,191/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27526, Fuquay Varina, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,398 (100%) |
| Owner Occupied HU | 22,007 (74.9%) |
| Renter Occupied HU | 5,725 (19.5%) |
| Vacant Housing Units | 1,666 ( 5.7%) |
| Median Home Value | $454,486 |
| Average Home Value | $535,857 |
Housing Distribution
Address Breakdown
Residential
27,375
Single Family
27,088
Multi-Family
287
Businesses
1,165
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Listed by: Matt Riley • New Home Inc. Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N370850000069
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 Nexus MLS. All rights are reserved.