321 Timber Meadow Lake DrFuquay VarinaNC27526
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 Fuquay Varina at 321 Timber Meadow Lake Dr, Fuquay Varina, NC, 27526 priced at $392,500 pairs $2,271/mo rent with after a $1,921/mo payment. Total monthly income equals $2,271/mo. Return on cash invested is 18.65% in year one, and rental yield stands at 6.94% on a $392,500 basis. Equity gained on principal adds $2,533/yr, and 5% annual appreciation accumulates to $108,441 by year five. Five-year ROI measures 95.98% and total cumulative return in cash reaches $124,885. For financing, Ziffy Mortgage’s DSCR program evaluates $2,271/mo property income against a $1,921/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
6,969 sqft lot
$N/A/sqft
$16 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27526, Fuquay Varina, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,398 (100%) |
| Owner Occupied HU | 22,007 (74.9%) |
| Renter Occupied HU | 5,725 (19.5%) |
| Vacant Housing Units | 1,666 ( 5.7%) |
| Median Home Value | $454,486 |
| Average Home Value | $535,857 |
Housing Distribution
Address Breakdown
Residential
27,375
Single Family
27,088
Multi-Family
287
Businesses
1,165
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