2 Meadow Glen CtFletcherNC28732
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2 Meadow Glen Ct, Fletcher, NC, 28732 in Fletcher earns a respectable 8.34% gross yield at $274,000, but after the $1,232/mo mortgage the net cash flow is $109/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.55) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $75,701 over five years, making equity the dominant return driver. Total projected return: $118,906.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $109 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,904 |
| Total Monthly Debt Service | $1,561 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2007
0.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28732, Fletcher, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,724 (100%) |
| Owner Occupied HU | 6,356 (72.9%) |
| Renter Occupied HU | 1,760 (20.2%) |
| Vacant Housing Units | 608 ( 7.0%) |
| Median Home Value | $396,542 |
| Average Home Value | $531,826 |
Housing Distribution
Address Breakdown
Residential
8,256
Single Family
8,255
Multi-Family
1
Businesses
633
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
Townhouse
Built in 2007
0.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28732, Fletcher, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,724 (100%) |
| Owner Occupied HU | 6,356 (72.9%) |
| Renter Occupied HU | 1,760 (20.2%) |
| Vacant Housing Units | 608 ( 7.0%) |
| Median Home Value | $396,542 |
| Average Home Value | $531,826 |
Housing Distribution
Address Breakdown
Residential
8,256
Single Family
8,255
Multi-Family
1
Businesses
633
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Shugarts Jr • Andrew Reed Properties, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4330191