3064 Wesley Farm LnSophiaNC27350
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
Rental property for sale in Sophia at 3064 Wesley Farm Ln, Sophia, NC, 27350 offers $2,860/mo rent that, after a $2,447/mo payment. Total monthly income is $2,860/mo. Return on cash invested measures 18.34% in year one, and rental yield stands at 6.86% at a $499,999 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,141 by year five. Five-year ROI records 94.36% and total cumulative return in cash reaches $156,403. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,860/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 2021
0.47 Acres lot
$N/A/sqft
$30 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27350, Sophia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,904 (100%) |
| Owner Occupied HU | 2,264 (78.0%) |
| Renter Occupied HU | 500 (17.2%) |
| Vacant Housing Units | 140 ( 4.8%) |
| Median Home Value | $223,946 |
| Average Home Value | $269,874 |
Housing Distribution
Address Breakdown
Residential
2,730
Single Family
2,668
Multi-Family
62
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A