1872 Mount Zion Church RdAlexisNC28006
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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 Alexis at 1872 Mount Zion Church Rd, Alexis, NC, 28006 generates $1,384/mo in rent and, after a $1,101/mo payment, leaves $13/mo in cash flow. Total monthly income is $1,384/mo, and annual cash flow is $156/yr on $74,588 invested. Return on cash invested sits at 20.12% in year one, and rental yield is 7.38% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 103.81% and total cumulative return in cash sums $77,433. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,384/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28006, Alexis, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 365 (100%) |
| Owner Occupied HU | 282 (77.3%) |
| Renter Occupied HU | 52 (14.2%) |
| Vacant Housing Units | 31 ( 8.5%) |
| Median Home Value | $340,909 |
| Average Home Value | $345,940 |
Housing Distribution
Address Breakdown
Residential
376
Single Family
376
Multi-Family
0
Businesses
28
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Listed by: Erica Fried • DASH Carolina
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4333325