31 Laurel Brook DrFairviewNC28730
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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 Fairview at 31 Laurel Brook Dr, Fairview, NC, 28730 priced at $245,000 pairs $2,158/mo rent with $665/mo cash flow after a $1,199/mo payment. Total monthly income equals $2,158/mo, and annual cash flow comes to $7,980/yr on $81,218 invested. Return on cash invested is 29.73% in year one, and rental yield stands at 10.57% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 155.41% and total cumulative return in cash reaches $126,216. For financing, Ziffy Mortgage’s DSCR program evaluates $2,158/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2018
1.01 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: Sona Merlin • Appalachian Realty Associates
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4312003