292 Jones RdFletcherNC28732
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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 Fletcher at 292 Jones Rd, Fletcher, NC, 28732 generates $3,488/mo in rent and, after a $2,322/mo payment, leaves $597/mo in cash flow. Total monthly income is $3,488/mo, and annual cash flow is $7,159/yr on $157,297 invested. Return on cash invested sits at 24.46% in year one, and rental yield is 8.82% on a $474,500 entry. Equity gained on principal adds $3,062/yr, while 5% annual appreciation builds toward $131,096 over five years. Five-year ROI reaches 127.12% and total cumulative return in cash sums $199,962. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,488/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28732, Fletcher, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,724 (100%) |
| Owner Occupied HU | 6,356 (72.9%) |
| Renter Occupied HU | 1,760 (20.2%) |
| Vacant Housing Units | 608 ( 7.0%) |
| Median Home Value | $396,542 |
| Average Home Value | $531,826 |
Housing Distribution
Address Breakdown
Residential
8,256
Single Family
8,255
Multi-Family
1
Businesses
633
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