244 Chateau WayAngierNC27501
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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 Angier at 244 Chateau Way, Angier, NC, 27501 priced at $384,000 converts $2,357/mo rent into $17/mo cash flow after a $1,879/mo obligation. Total monthly income equals $2,357/mo, and annual cash flow totals $206/yr on $127,296 invested. Return on cash invested prints 20.07% in year one, and rental yield reads 7.37% against a $384,000 entry. Equity gained on principal adds $2,478/yr, while 5% annual appreciation compiles into $106,092 by year five. Five-year ROI reaches 103.61% and total cumulative return in cash sums $131,888. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,357/mo property income covering a $1,879/mo payment, not borrower’s personal income.
Single Family
Built in 2022
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27501, Angier, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,569 (100%) |
| Owner Occupied HU | 7,115 (74.4%) |
| Renter Occupied HU | 1,944 (20.3%) |
| Vacant Housing Units | 510 ( 5.3%) |
| Median Home Value | $342,992 |
| Average Home Value | $353,137 |
Housing Distribution
Address Breakdown
Residential
9,345
Single Family
9,313
Multi-Family
32
Businesses
492
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Listed by: Suzanne Prince • SVP INC
Mls Name: Doorify MLS
Mls ID: #10107325