2387 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
Investment property for sale in Vale at 2387 Peeler Rd, Vale, NC, 28168 earns $502/mo cash flow from $1,934/mo rent with a $1,150/mo payment. Total monthly income totals $1,934/mo, and annual cash flow totals $6,024/yr on $77,903 capital. ROI tracks 27.64% on current figures, and rental yield reads 9.88% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 144.17% and total cumulative return in cash sums $112,312. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,934/mo property income instead of your personal income.
Single Family
Built in 1959
0.34 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: #4290604