2379 Peeler RdValeNC28168
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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
Rental property for sale in Vale at 2379 Peeler Rd, Vale, NC, 28168 generates $1,513/mo in rent and, after a $954/mo payment, leaves $325/mo in cash flow. Total monthly income is $1,513/mo, and annual cash flow is $3,900/yr on $64,643 invested. Return on cash invested sits at 25.94% in year one, and rental yield is 9.31% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 135.05% and total cumulative return in cash sums $87,298. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,513/mo property income rather than buyer’s personal income.
Manufactured
Built in 2001
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28168, Vale, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,571 (100%) |
| Owner Occupied HU | 3,374 (73.8%) |
| Renter Occupied HU | 784 (17.2%) |
| Vacant Housing Units | 413 ( 9.0%) |
| Median Home Value | $256,948 |
| Average Home Value | $307,163 |
Housing Distribution
Address Breakdown
Residential
4,358
Single Family
4,358
Multi-Family
0
Businesses
134
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Listed by: Crystal McIntosh • EXP Realty LLC Mooresville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4288034