204 Quail Tree LnState RoadNC28676
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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
Rental property for sale in State Road at 204 Quail Tree Ln, State Road, NC, 28676 priced at $534,750 pairs $0/mo rent with after a $2,617/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.17% in year one, and rental yield stands at 0% on a $534,750 basis. Equity gained on principal adds $3,451/yr, and 5% annual appreciation accumulates to $147,742 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $2,617/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1924
2.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28676, State Road, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 1,248 (73.1%) |
| Renter Occupied HU | 332 (19.4%) |
| Vacant Housing Units | 128 ( 7.5%) |
| Median Home Value | $242,083 |
| Average Home Value | $299,643 |
Housing Distribution
Address Breakdown
Residential
1,505
Single Family
1,505
Multi-Family
0
Businesses
74
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No similar rental properties found nearby.
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Listed by: Debbie Simpson • RE/MAX Impact Realty
Mls Name: Triad MLS
Mls ID: #1191890