206 S Sycamore StFremontNC27830
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 Fremont at 206 S Sycamore St, Fremont, NC, 27830 at $309,000 posts ROI 26.45% with $558/mo cash flow from $2,441/mo rent. Total monthly income equals $2,441/mo, and annual cash flow records $6,698/yr on $102,434 to close. Return on cash invested measures 26.45% and rental yield reads 9.48% at the current $309,000. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 by year five. Five-year ROI prints 137.81% and total cumulative return in cash totals $141,161.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,441/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1908
N/A 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
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Nearby investment properties with comparable prices
Listed by: Lea McCallister • Coldwell Banker Advantage
Mls Name: Doorify MLS
Mls ID: #10142206