281 New River Farms Dr #3FleetwoodNC28626
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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 Fleetwood at 281 New River Farms Dr #3, Fleetwood, NC, 28626 listed at $799,000 pairs $2,640/mo rent with a $3,911/mo payment. Total monthly income runs $2,640/mo. Return on cash invested measures 9.88% in year one, and rental yield registers 3.96% at a $799,000 basis. Equity gained on principal adds $5,156/yr, and annual property appreciation at 5% supports $220,749 by year five. Five-year ROI tracks 48.92% and total cumulative return in cash totals $128,586. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $3,911/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28626, Fleetwood, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,736 (100%) |
| Owner Occupied HU | 940 (54.1%) |
| Renter Occupied HU | 195 (11.2%) |
| Vacant Housing Units | 601 (34.6%) |
| Median Home Value | $328,333 |
| Average Home Value | $366,633 |
Housing Distribution
Address Breakdown
Residential
1,369
Single Family
1,369
Multi-Family
0
Businesses
61
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Listed by: Samantha Benfield • Keller Williams High Country
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327040