32 River Chase DrTraphillNC28685
Nearby investment properties with comparable rents
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 Traphill at 32 River Chase Dr, Traphill, NC, 28685 priced at $339,900 converts $2,416/mo rent into $344/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,416/mo, and annual cash flow totals $4,129/yr on $112,677 invested. Return on cash invested prints 23.57% in year one, and rental yield reads 8.53% against a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,908 by year five. Five-year ROI reaches 122.41% and total cumulative return in cash sums $137,927. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,416/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28685, Traphill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 992 (100%) |
| Owner Occupied HU | 680 (68.5%) |
| Renter Occupied HU | 156 (15.7%) |
| Vacant Housing Units | 156 (15.7%) |
| Median Home Value | $221,474 |
| Average Home Value | $288,974 |
Housing Distribution
Address Breakdown
Residential
825
Single Family
825
Multi-Family
0
Businesses
34
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Listed by: John Ward • Ward & Ward Properties, LLC
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1159248
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