302 Elijah WayVassNC28394
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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 Vass at 302 Elijah Way, Vass, NC, 28394 priced at $498,227 pairs $2,640/mo rent with after a $2,439/mo payment. Total monthly income equals $2,640/mo. Return on cash invested is 17.03% in year one, and rental yield stands at 6.36% on a $498,227 basis. Equity gained on principal adds $3,215/yr, and 5% annual appreciation accumulates to $137,651 by year five. Five-year ROI measures 87.27% and total cumulative return in cash reaches $144,135. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $2,439/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28394, Vass, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,826 (100%) |
| Owner Occupied HU | 1,900 (67.2%) |
| Renter Occupied HU | 616 (21.8%) |
| Vacant Housing Units | 310 (11.0%) |
| Median Home Value | $346,532 |
| Average Home Value | $432,871 |
Housing Distribution
Address Breakdown
Residential
2,565
Single Family
2,565
Multi-Family
0
Businesses
155
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Listed by: SCOTT LINCICOME • BH&G REAL ESTATE - LIFESTYLE PROPERTY PARTNERS
Mls Name: LPRMLS
Mls ID: #753775