196 Autumn DrVassNC28394
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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 Vass at 196 Autumn Dr, Vass, NC, 28394 offers $2,489/mo rent that, after a $1,590/mo payment, leaves $509/mo cash flow. Total monthly income is $2,489/mo, and annual cash flow is $6,109/yr on $107,704 cash. Return on cash invested measures 25.58% in year one, and rental yield stands at 9.19% at a $324,900 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,764 by year five. Five-year ROI records 133.17% and total cumulative return in cash reaches $143,429. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,489/mo property income versus a $1,590/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2020
4.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28394, Vass, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,826 (100%) |
| Owner Occupied HU | 1,900 (67.2%) |
| Renter Occupied HU | 616 (21.8%) |
| Vacant Housing Units | 310 (11.0%) |
| Median Home Value | $346,532 |
| Average Home Value | $432,871 |
Housing Distribution
Address Breakdown
Residential
2,565
Single Family
2,565
Multi-Family
0
Businesses
155
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Listed by: CHRIS TACIA • COLDWELL BANKER ADVANTAGE #5 (SANFORD)
Mls Name: LPRMLS
Mls ID: #756405