32 Bowen DrBelmontNC28012
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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 Belmont at 32 Bowen Dr, Belmont, NC, 28012 earns from $3,056/mo rent with a $2,570/mo payment. Total monthly income totals $3,056/mo. ROI tracks 19.06% on current figures, and rental yield reads 6.99% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 98.12% and total cumulative return in cash sums $169,485. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,056/mo property income instead of your personal income.
Single Family
Built in 1975
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28012, Belmont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,877 (100%) |
| Owner Occupied HU | 8,907 (64.2%) |
| Renter Occupied HU | 3,733 (26.9%) |
| Vacant Housing Units | 1,237 ( 8.9%) |
| Median Home Value | $408,467 |
| Average Home Value | $469,719 |
Housing Distribution
Address Breakdown
Residential
12,873
Single Family
11,456
Multi-Family
1,417
Businesses
877
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Listed by: Angie Castro • Monarch Group Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4319508