204 Streamlet DriveFremontNC27830
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 204 Streamlet Drive, Fremont, NC, 27830 in Fremont is listed at $261,997 and delivers $2,061/mo in rent and $411/mo in net monthly cash flow. The 9.23% yield and 1.75 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $72,385 over five years, and $2,413/yr in principal reduction supplements cash return. Total projected cumulative return: $129,137.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $411 | $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 | $2,061 |
| Total Monthly Debt Service | $1,493 |
| DSCR Ratio | 1.38x |
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.
Single Family
Built in 2025
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27830, Fremont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,999 (100%) |
| Owner Occupied HU | 1,233 (61.7%) |
| Renter Occupied HU | 491 (24.6%) |
| Vacant Housing Units | 275 (13.8%) |
| Median Home Value | $199,038 |
| Average Home Value | $229,019 |
Housing Distribution
Address Breakdown
Residential
1,500
Single Family
1,500
Multi-Family
0
Businesses
113
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
Single Family
Built in 2025
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27830, Fremont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,999 (100%) |
| Owner Occupied HU | 1,233 (61.7%) |
| Renter Occupied HU | 491 (24.6%) |
| Vacant Housing Units | 275 (13.8%) |
| Median Home Value | $199,038 |
| Average Home Value | $229,019 |
Housing Distribution
Address Breakdown
Residential
1,500
Single Family
1,500
Multi-Family
0
Businesses
113
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linsey Dale • HTR Southern Properties
Mls Name: Hive MLS
Mls ID: #100515119