310 Mineral Spring LnFuquay VarinaNC27526
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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 Fuquay Varina at 310 Mineral Spring Ln, Fuquay Varina, NC, 27526 with 5% annual appreciation on a $365,000 basis while $2,485/mo rent supports operations. Total monthly income totals $2,485/mo and a $1,786/mo payment preserves $261/mo for cash returns. Annual cash flow comes to $3,132/yr on $120,998 deployed, and return on cash invested reaches 22.5% in year one. Equity gained on principal adds $2,355/yr, and five-year appreciation sums $100,843 alongside rental yield of 8.17%. Five-year ROI measures 116.59% and total cumulative return in cash totals $141,067.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,485/mo property income versus a $1,786/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27526, Fuquay Varina, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,398 (100%) |
| Owner Occupied HU | 22,007 (74.9%) |
| Renter Occupied HU | 5,725 (19.5%) |
| Vacant Housing Units | 1,666 ( 5.7%) |
| Median Home Value | $454,486 |
| Average Home Value | $535,857 |
Housing Distribution
Address Breakdown
Residential
27,375
Single Family
27,088
Multi-Family
287
Businesses
1,165
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Listed by: Angie Cole • LPT Realty LLC
Mls Name: Doorify MLS
Mls ID: #10111343