317 Kerr St NWConcordNC28025
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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 Concord at 317 Kerr St NW, Concord, NC, 28025 listed at $325,000 pairs $2,179/mo rent with a $1,591/mo payment to leave $198/mo cash flow. Total monthly income runs $2,179/mo, and annual cash flow reaches $2,376/yr on $107,738 cash to close. Return on cash invested measures 22.11% in year one, and rental yield registers 8.05% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 114.52% and total cumulative return in cash totals $123,385. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,179/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1930
8,486 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28025, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,074 (100%) |
| Owner Occupied HU | 15,931 (66.2%) |
| Renter Occupied HU | 6,759 (28.1%) |
| Vacant Housing Units | 1,384 ( 5.7%) |
| Median Home Value | $356,267 |
| Average Home Value | $399,145 |
Housing Distribution
Address Breakdown
Residential
22,882
Single Family
21,679
Multi-Family
1,203
Businesses
1,495
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Listed by: N/A • N/A
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