237 Redland Rd #K5UXFRAdvanceNC27006
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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 237 Redland Rd #K5UXFR, Advance, NC, 27006 listed at $507,500 pairs $0/mo rent with a $2,484/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.17% in year one, and rental yield registers 0% at a $507,500 basis. Equity gained on principal adds $3,275/yr, and annual property appreciation at 5% supports $140,213 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $2,484/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A