239 Yellowstone DrFletcherNC28732
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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 Fletcher at 239 Yellowstone Dr, Fletcher, NC, 28732 uses $107,738 cash to close to unlock $8,496/yr annual cash flow and $708/mo monthly cash flow. Total monthly income runs $2,689/mo, and a $1,591/mo payment keeps the spread at $708/mo. Purchase price stands at $325,000, and rental yield measures 9.93% with $2,689/mo rent. Return on cash invested shows 27.79% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 145% and total cumulative return in cash records $156,217. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,689/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28732, Fletcher, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,724 (100%) |
| Owner Occupied HU | 6,356 (72.9%) |
| Renter Occupied HU | 1,760 (20.2%) |
| Vacant Housing Units | 608 ( 7.0%) |
| Median Home Value | $396,542 |
| Average Home Value | $531,826 |
Housing Distribution
Address Breakdown
Residential
8,256
Single Family
8,255
Multi-Family
1
Businesses
633
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Listed by: Jonathan Gonzalez • NextHome Partners
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4297954