2 Yellow Roses LnLeicesterNC28748
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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 Leicester at 2 Yellow Roses Ln, Leicester, NC, 28748 with 5% annual appreciation on a $300,000 basis while $2,273/mo rent supports operations. Total monthly income totals $2,273/mo and a $1,468/mo payment preserves $445/mo for cash returns. Annual cash flow comes to $5,340/yr on $99,450 deployed, and return on cash invested reaches 25.28% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 9.09%. Five-year ROI measures 131.5% and total cumulative return in cash totals $130,776.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,273/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1994
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28748, Leicester, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,308 (100%) |
| Owner Occupied HU | 4,298 (68.1%) |
| Renter Occupied HU | 1,490 (23.6%) |
| Vacant Housing Units | 520 ( 8.2%) |
| Median Home Value | $394,374 |
| Average Home Value | $460,623 |
Housing Distribution
Address Breakdown
Residential
5,440
Single Family
5,440
Multi-Family
0
Businesses
193
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Listed by: Andrea Ochoa • Collective Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4299999