270 Gem Stone LoopSummerfieldNC27358
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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 Summerfield at 270 Gem Stone Loop, Summerfield, NC, 27358 priced at $225,000 converts $2,032/mo rent into $661/mo cash flow after a $1,101/mo obligation. Total monthly income equals $2,032/mo, and annual cash flow totals $7,932/yr on $74,588 invested. Return on cash invested prints 30.54% in year one, and rental yield reads 10.84% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 159.74% and total cumulative return in cash sums $119,145. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,032/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Manufactured
Built in 1996
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27358, Summerfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 5,164 (85.2%) |
| Renter Occupied HU | 612 (10.1%) |
| Vacant Housing Units | 282 ( 4.7%) |
| Median Home Value | $475,086 |
| Average Home Value | $526,725 |
Housing Distribution
Address Breakdown
Residential
5,848
Single Family
5,786
Multi-Family
62
Businesses
326
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Listed by: Gina Johnson • Southern Roots Realty Group
Mls Name: Triad MLS
Mls ID: #1204501