2550 Mabel LnMonroeNC28110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Monroe at 2550 Mabel Ln, Monroe, NC, 28110 generates $2,902/mo in rent, after a $3,548/mo payment. Total monthly income is $2,902/mo. Return on cash invested sits at 12.43% in year one, and rental yield is 4.8% on a $724,990 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,301 over five years. Five-year ROI reaches 62.61% and total cumulative return in cash sums $149,342. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,902/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28110, Monroe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,969 (100%) |
| Owner Occupied HU | 16,247 (70.7%) |
| Renter Occupied HU | 5,470 (23.8%) |
| Vacant Housing Units | 1,252 ( 5.5%) |
| Median Home Value | $385,581 |
| Average Home Value | $433,928 |
Housing Distribution
Address Breakdown
Residential
21,768
Single Family
21,236
Multi-Family
532
Businesses
1,688
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alisha Kasing • Mattamy Carolina Corporation
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4315400