190 Lantern DrAdvanceNC27006
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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 Advance at 190 Lantern Dr, Advance, NC, 27006 at $835,000 posts ROI 12.37% with from $3,328/mo rent. Total monthly income equals $3,328/mo. Return on cash invested measures 12.37% and rental yield reads 4.78% at the current $835,000. Equity gained on principal adds $5,388/yr, and 5% annual appreciation supports $230,695 by year five. Five-year ROI prints 62.23% and total cumulative return in cash totals $170,968. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,328/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
1.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27006, Advance, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,346 (100%) |
| Owner Occupied HU | 5,736 (78.1%) |
| Renter Occupied HU | 1,129 (15.4%) |
| Vacant Housing Units | 481 ( 6.5%) |
| Median Home Value | $350,623 |
| Average Home Value | $380,540 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
5,624
Multi-Family
1,298
Businesses
336
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Listed by: Madeline Stephens • Fathom Realty NC
Mls Name: Doorify MLS
Mls ID: #10133830