320 Lake Point LnBelews CreekNC27009
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
Investment property for sale in Belews Creek at 320 Lake Point Ln, Belews Creek, NC, 27009 offers a 4.38% rental yield on a $1,350,000 purchase with $4,930/mo rent. 32% in year one. Equity gained on principal adds $8,711/yr while 5% annual appreciation supports $372,980 over five years. Portfolio math shows five-year ROI at 56.56% and total cumulative return in cash at $247,409. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,930/mo property income against a $6,608/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27009, Belews Creek, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,424 (100%) |
| Owner Occupied HU | 1,180 (82.9%) |
| Renter Occupied HU | 141 ( 9.9%) |
| Vacant Housing Units | 103 ( 7.2%) |
| Median Home Value | $315,854 |
| Average Home Value | $376,814 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,150
Multi-Family
0
Businesses
37
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Gillespie • RE/MAX Realty Consultants
Mls Name: Triad MLS
Mls ID: #1205272