280 Forest Acres LnTaylorsvilleNC28681
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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
Investment property for sale in Taylorsville at 280 Forest Acres Ln, Taylorsville, NC, 28681 offers a 6.31% rental yield on a $469,000 purchase with $2,466/mo rent. 88% in year one. Equity gained on principal adds $3,026/yr while 5% annual appreciation supports $129,576 over five years. Portfolio math shows five-year ROI at 86.48% and total cumulative return in cash at $134,455. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,466/mo property income against a $2,296/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28681, Taylorsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,207 (100%) |
| Owner Occupied HU | 7,699 (68.7%) |
| Renter Occupied HU | 2,386 (21.3%) |
| Vacant Housing Units | 1,122 (10.0%) |
| Median Home Value | $209,146 |
| Average Home Value | $256,989 |
Housing Distribution
Address Breakdown
Residential
10,314
Single Family
10,266
Multi-Family
48
Businesses
633
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Listed by: Michelle Hartness • Hartness Hometown Properties
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4329436