337 Garren Creek RdFairviewNC28730
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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
Rental property for sale in Fairview at 337 Garren Creek Rd, Fairview, NC, 28730 priced at $434,900 converts $2,350/mo rent into after a $2,129/mo obligation. Total monthly income equals $2,350/mo. Return on cash invested prints 17.4% in year one, and rental yield reads 6.48% against a $434,900 entry. Equity gained on principal adds $2,806/yr, while 5% annual appreciation compiles into $120,155 by year five. Five-year ROI reaches 89.31% and total cumulative return in cash sums $128,753. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,350/mo property income covering a $2,129/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28730, Fairview, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,747 (100%) |
| Owner Occupied HU | 3,312 (69.8%) |
| Renter Occupied HU | 852 (17.9%) |
| Vacant Housing Units | 583 (12.3%) |
| Median Home Value | $541,967 |
| Average Home Value | $599,155 |
Housing Distribution
Address Breakdown
Residential
4,297
Single Family
4,297
Multi-Family
0
Businesses
273
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Listed by: Scott Angelo • EXP Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4321869