243 Meadowbark Bnd #28GarnerNC27529
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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 Garner at 243 Meadowbark Bnd #28, Garner, NC, 27529 generates $2,388/mo in rent, after a $2,035/mo payment. Total monthly income is $2,388/mo. Return on cash invested sits at 17.99% in year one, and rental yield is 6.89% on a $415,703 entry. Equity gained on principal adds $2,682/yr, while 5% annual appreciation builds toward $114,851 over five years. Five-year ROI reaches 92.67% and total cumulative return in cash sums $127,706. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,388/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
$75 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27529, Garner, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,489 (100%) |
| Owner Occupied HU | 17,091 (67.1%) |
| Renter Occupied HU | 7,180 (28.2%) |
| Vacant Housing Units | 1,218 ( 4.8%) |
| Median Home Value | $398,878 |
| Average Home Value | $447,896 |
Housing Distribution
Address Breakdown
Residential
24,113
Single Family
21,389
Multi-Family
2,724
Businesses
2,205
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Listed by: Cleresa Keller • Mungo Homes of North Carolina
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10083954
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