307 Jaida LnOakboroNC28129
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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 Oakboro at 307 Jaida Ln, Oakboro, NC, 28129 listed at $485,000 pairs $2,850/mo rent with a $2,374/mo payment. Total monthly income runs $2,850/mo. Return on cash invested measures 19.12% in year one, and rental yield registers 7.05% at a $485,000 basis. Equity gained on principal adds $3,130/yr, and annual property appreciation at 5% supports $133,997 by year five. Five-year ROI tracks 98.46% and total cumulative return in cash totals $158,306. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,850/mo property income relative to a $2,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28129, Oakboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,752 (100%) |
| Owner Occupied HU | 2,087 (75.8%) |
| Renter Occupied HU | 465 (16.9%) |
| Vacant Housing Units | 200 ( 7.3%) |
| Median Home Value | $281,548 |
| Average Home Value | $320,759 |
Housing Distribution
Address Breakdown
Residential
2,476
Single Family
2,476
Multi-Family
0
Businesses
139
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Listed by: Danny King • Keller Williams Select
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327246