26 Morrow DrFairviewNC28730
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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 Fairview at 26 Morrow Dr, Fairview, NC, 28730 generates $3,751/mo in rent and, after a $2,863/mo payment, leaves $186/mo in cash flow. Total monthly income is $3,751/mo, and annual cash flow is $2,232/yr on $192,465 invested. Return on cash invested sits at 21.22% in year one, and rental yield is 7.69% on a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 109.7% and total cumulative return in cash sums $211,134. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,751/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28730, Fairview, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,747 (100%) |
| Owner Occupied HU | 3,312 (69.8%) |
| Renter Occupied HU | 852 (17.9%) |
| Vacant Housing Units | 583 (12.3%) |
| Median Home Value | $541,967 |
| Average Home Value | $599,155 |
Housing Distribution
Address Breakdown
Residential
4,297
Single Family
4,297
Multi-Family
0
Businesses
273
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