3104 Bermuda VlgBermuda RunNC27006
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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 Bermuda Run at 3104 Bermuda Vlg, Bermuda Run, NC, 27006 listed at $185,000 pairs $1,454/mo rent with a $905/mo payment to leave $327/mo cash flow. Total monthly income runs $1,454/mo, and annual cash flow reaches $3,924/yr on $61,328 cash to close. Return on cash invested measures 26.31% in year one, and rental yield registers 9.43% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 137.01% and total cumulative return in cash totals $84,027. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,454/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
0.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27006, Advance, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,346 (100%) |
| Owner Occupied HU | 5,736 (78.1%) |
| Renter Occupied HU | 1,129 (15.4%) |
| Vacant Housing Units | 481 ( 6.5%) |
| Median Home Value | $350,623 |
| Average Home Value | $380,540 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
5,624
Multi-Family
1,298
Businesses
336
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Listed by: Alexandria Hutchison • Bermuda Village Properties
Mls Name: Triad MLS
Mls ID: #1191441