21 Ellington LnFletcherNC28732
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
Rental property for sale in Fletcher at 21 Ellington Ln, Fletcher, NC, 28732 priced at $366,900 pairs $2,578/mo rent with $342/mo cash flow after a $1,796/mo payment. Total monthly income equals $2,578/mo, and annual cash flow comes to $4,101/yr on $121,627 invested. Return on cash invested is 23.28% in year one, and rental yield stands at 8.43% on a $366,900 basis. Equity gained on principal adds $2,368/yr, and 5% annual appreciation accumulates to $101,368 by year five. Five-year ROI measures 120.79% and total cumulative return in cash reaches $146,920. For financing, Ziffy Mortgage’s DSCR program evaluates $2,578/mo property income against a $1,796/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28732, Fletcher, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,724 (100%) |
| Owner Occupied HU | 6,356 (72.9%) |
| Renter Occupied HU | 1,760 (20.2%) |
| Vacant Housing Units | 608 ( 7.0%) |
| Median Home Value | $396,542 |
| Average Home Value | $531,826 |
Housing Distribution
Address Breakdown
Residential
8,256
Single Family
8,255
Multi-Family
1
Businesses
633
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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