218 Gem Stone LoopSummerfieldNC27358
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 218 Gem Stone Loop, Summerfield, NC, 27358 in Summerfield deserves attention. This $199,000 property earns $1,735/mo in rent, a 10.46% gross yield, and nets $522/mo after the $895/mo payment. DSCR 1.94 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $54,980 compounds alongside $1,833/yr in yearly equity build, for a total cumulative return of $109,026.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.2% |
| Monthly Cash Flow | $522 | $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 | $1,735 |
| Total Monthly Debt Service | $1,134 |
| DSCR Ratio | 1.53x |
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.
Manufactured
Built in 1996
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27358, Summerfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 5,164 (85.2%) |
| Renter Occupied HU | 612 (10.1%) |
| Vacant Housing Units | 282 ( 4.7%) |
| Median Home Value | $475,086 |
| Average Home Value | $526,725 |
Housing Distribution
Address Breakdown
Residential
5,848
Single Family
5,786
Multi-Family
62
Businesses
326
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
Manufactured
Built in 1996
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27358, Summerfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 5,164 (85.2%) |
| Renter Occupied HU | 612 (10.1%) |
| Vacant Housing Units | 282 ( 4.7%) |
| Median Home Value | $475,086 |
| Average Home Value | $526,725 |
Housing Distribution
Address Breakdown
Residential
5,848
Single Family
5,786
Multi-Family
62
Businesses
326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren McRae • Keller Williams One
Mls Name: Triad MLS
Mls ID: #1195853