328 Edgecroft WayFuquay 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
Investment property for sale in Fuquay Varina at 328 Edgecroft Way, Fuquay Varina, NC, 27526 offers a 7.92% rental yield on a $400,000 purchase with $2,641/mo rent. Total monthly income registers $2,641/mo, and a $1,958/mo payment leaves $203/mo available for distribution. Annual cash flow reaches $2,436/yr on $132,600 to close, and return on cash invested stands at 21.75% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 112.55% and total cumulative return in cash at $149,248. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,641/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
7,405 sqft lot
$N/A/sqft
No 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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Listed by: Van Starling • HODGE & KITTRELL SOTHEBYS INTE
Mls Name: Doorify MLS
Mls ID: #10125474