2 Candlestick DrZirconiaNC28790
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 Zirconia at 2 Candlestick Dr, Zirconia, NC, 28790 priced at $595,000 pairs $4,189/mo rent with $563/mo cash flow after a $2,912/mo payment. Total monthly income equals $4,189/mo, and annual cash flow comes to $6,756/yr on $195,755 invested. Return on cash invested is 23.51% in year one, and rental yield stands at 8.45% on a $595,000 basis. Equity gained on principal adds $3,839/yr, and 5% annual appreciation accumulates to $164,388 by year five. Five-year ROI measures 121.99% and total cumulative return in cash reaches $238,802. For financing, Ziffy Mortgage’s DSCR program evaluates $4,189/mo property income against a $2,912/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28790, Zirconia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,731 (100%) |
| Owner Occupied HU | 1,158 (66.9%) |
| Renter Occupied HU | 205 (11.8%) |
| Vacant Housing Units | 368 (21.3%) |
| Median Home Value | $523,188 |
| Average Home Value | $722,878 |
Housing Distribution
Address Breakdown
Residential
1,379
Single Family
1,379
Multi-Family
0
Businesses
52
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Listed by: Laura May • Coldwell Banker Advantage
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4260834