3 Chickadee LnFairviewNC28730
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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 Fairview at 3 Chickadee Ln, Fairview, NC, 28730 with 5% annual appreciation on a $989,900 basis while $6,149/mo rent supports operations. Total monthly income totals $6,149/mo and a $4,845/mo payment preserves $116/mo for cash returns. Annual cash flow comes to $1,393/yr on $325,677 deployed, and return on cash invested reaches 20.49% in year one. Equity gained on principal adds $6,388/yr, and five-year appreciation sums $273,491 alongside rental yield of 7.45%. Five-year ROI measures 105.8% and total cumulative return in cash totals $344,557.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,149/mo property income versus a $4,845/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
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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Listed by: Julie Setterlind • Keller Williams Mtn Partners, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4309116