331 Lagoon RdFletcherNC28732
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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 Fletcher at 331 Lagoon Rd, Fletcher, NC, 28732 listed at $344,890 pairs $3,000/mo rent with a $1,688/mo payment to leave $898/mo cash flow. Total monthly income runs $3,000/mo, and annual cash flow reaches $10,778/yr on $114,331 cash to close. Return on cash invested measures 29.34% in year one, and rental yield registers 10.44% at a $344,890 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,287 by year five. Five-year ROI tracks 153.31% and total cumulative return in cash totals $175,278. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $1,688/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
0.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28732, Fletcher, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,724 (100%) |
| Owner Occupied HU | 6,356 (72.9%) |
| Renter Occupied HU | 1,760 (20.2%) |
| Vacant Housing Units | 608 ( 7.0%) |
| Median Home Value | $396,542 |
| Average Home Value | $531,826 |
Housing Distribution
Address Breakdown
Residential
8,256
Single Family
8,255
Multi-Family
1
Businesses
633
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Listed by: Jim Preston • DR Horton Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4297255