303 Chesapeake Commons StGarnerNC27529
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Garner at 303 Chesapeake Commons St, Garner, NC, 27529 with 5% annual appreciation on a $427,331 basis while $3,295/mo rent supports operations. Total monthly income totals $3,295/mo and a $2,092/mo payment preserves $690/mo for cash returns. Annual cash flow comes to $8,282/yr on $141,660 deployed, and return on cash invested reaches 25.76% in year one. Equity gained on principal adds $2,758/yr, and five-year appreciation sums $118,064 alongside rental yield of 9.25%. Five-year ROI measures 134.09% and total cumulative return in cash totals $189,953.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,295/mo property income versus a $2,092/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27529, Garner, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,489 (100%) |
| Owner Occupied HU | 17,091 (67.1%) |
| Renter Occupied HU | 7,180 (28.2%) |
| Vacant Housing Units | 1,218 ( 4.8%) |
| Median Home Value | $398,878 |
| Average Home Value | $447,896 |
Housing Distribution
Address Breakdown
Residential
24,113
Single Family
21,389
Multi-Family
2,724
Businesses
2,205
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cleresa Keller • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A