19 Enterprise DrFairviewNC28730
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
Rental property for sale in Fairview at 19 Enterprise Dr, Fairview, NC, 28730 offers $1,217/mo rent that, after a $768/mo payment, leaves $261/mo cash flow. Total monthly income is $1,217/mo, and annual cash flow is $3,127/yr on $52,046 cash. Return on cash invested measures 25.92% in year one, and rental yield stands at 9.3% at a $157,000 entry. Equity gained on principal adds $1,013/yr while 5% annual appreciation compounds into $43,376 by year five. Five-year ROI records 134.99% and total cumulative return in cash reaches $70,256. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,217/mo property income versus a $768/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28730, Fairview, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,747 (100%) |
| Owner Occupied HU | 3,312 (69.8%) |
| Renter Occupied HU | 852 (17.9%) |
| Vacant Housing Units | 583 (12.3%) |
| Median Home Value | $541,967 |
| Average Home Value | $599,155 |
Housing Distribution
Address Breakdown
Residential
4,297
Single Family
4,297
Multi-Family
0
Businesses
273
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bill Eckstadt • NEW HORIZONS REALTY
Mls Name: My State MLS
Mls ID: #11411599