3280 Lakebay RdVassNC28394
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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 Vass at 3280 Lakebay Rd, Vass, NC, 28394 listed at $380,000 pairs $2,932/mo rent with a $1,860/mo payment to leave $616/mo cash flow. Total monthly income runs $2,932/mo, and annual cash flow reaches $7,392/yr on $125,970 cash to close. Return on cash invested measures 25.78% in year one, and rental yield registers 9.26% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 134.18% and total cumulative return in cash totals $169,033. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,932/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28394, Vass, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,826 (100%) |
| Owner Occupied HU | 1,900 (67.2%) |
| Renter Occupied HU | 616 (21.8%) |
| Vacant Housing Units | 310 (11.0%) |
| Median Home Value | $346,532 |
| Average Home Value | $432,871 |
Housing Distribution
Address Breakdown
Residential
2,565
Single Family
2,565
Multi-Family
0
Businesses
155
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Listed by: Tasha Bell • EXP Realty LLC
Mls Name: Doorify MLS
Mls ID: #10131260