2021 Twilight LnMonroeNC28110
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
Investment property for sale in Monroe at 2021 Twilight Ln, Monroe, NC, 28110 uses $99,119 cash to close to unlock $5,054/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $2,243/mo, and a $1,463/mo payment keeps the spread at $421/mo. Purchase price stands at $299,000, and rental yield measures 9% with $2,243/mo rent. Return on cash invested shows 25.01% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 130.11% and total cumulative return in cash records $128,962. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,243/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
0.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28110, Monroe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,969 (100%) |
| Owner Occupied HU | 16,247 (70.7%) |
| Renter Occupied HU | 5,470 (23.8%) |
| Vacant Housing Units | 1,252 ( 5.5%) |
| Median Home Value | $385,581 |
| Average Home Value | $433,928 |
Housing Distribution
Address Breakdown
Residential
21,768
Single Family
21,236
Multi-Family
532
Businesses
1,688
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bryson Lambert • RE/MAX Southern Lifestyles
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4315684