205 Leeward Point LoopTaylorsvilleNC28681
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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 Taylorsville at 205 Leeward Point Loop, Taylorsville, NC, 28681 priced at $1,800,000 converts $5,227/mo rent into after a $8,810/mo obligation. Total monthly income equals $5,227/mo. Return on cash invested prints 8.55% in year one, and rental yield reads 3.48% against a $1,800,000 entry. Equity gained on principal adds $11,615/yr, while 5% annual appreciation compiles into $497,307 by year five. Five-year ROI reaches 41.71% and total cumulative return in cash sums $243,275. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,227/mo property income covering a $8,810/mo payment, not borrower’s personal income.
Single Family
Built in 2019
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28681, Taylorsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,207 (100%) |
| Owner Occupied HU | 7,699 (68.7%) |
| Renter Occupied HU | 2,386 (21.3%) |
| Vacant Housing Units | 1,122 (10.0%) |
| Median Home Value | $209,146 |
| Average Home Value | $256,989 |
Housing Distribution
Address Breakdown
Residential
10,314
Single Family
10,266
Multi-Family
48
Businesses
633
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Listed by: Chase Barlow Gray • Barlow & Triplett Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4286230