2312 Bermuda VlgAdvanceNC27006
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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
Investment property for sale in Advance at 2312 Bermuda Vlg, Advance, NC, 27006 earns $292/mo cash flow from $1,347/mo rent with a $847/mo payment. Total monthly income totals $1,347/mo, and annual cash flow totals $3,509/yr on $57,350 capital. ROI tracks 26.03% on current figures, and rental yield reads 9.34% at a $173,000 purchase. Equity gained on principal adds $1,116/yr, and 5% annual appreciation supports $47,797 over five years. Five-year ROI reaches 135.57% and total cumulative return in cash sums $77,751. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,347/mo property income instead of your personal income.
Condo
Built in 1983
0.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27006, Advance, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,346 (100%) |
| Owner Occupied HU | 5,736 (78.1%) |
| Renter Occupied HU | 1,129 (15.4%) |
| Vacant Housing Units | 481 ( 6.5%) |
| Median Home Value | $350,623 |
| Average Home Value | $380,540 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
5,624
Multi-Family
1,298
Businesses
336
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Listed by: Alexandria Hutchison • Bermuda Village Properties
Mls Name: Triad MLS
Mls ID: #1199533