3400 Baucom Manor RdMonroeNC28110
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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 Monroe at 3400 Baucom Manor Rd, Monroe, NC, 28110 offers $3,392/mo rent that, after a $8,443/mo payment. Total monthly income is $3,392/mo. Return on cash invested measures 5.08% in year one, and rental yield stands at 2.36% at a $1,725,000 entry. Equity gained on principal adds $11,131/yr while 5% annual appreciation compounds into $476,586 by year five. Five-year ROI records 23.1% and total cumulative return in cash reaches $129,080. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,392/mo property income versus a $8,443/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
30.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28110, Monroe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,969 (100%) |
| Owner Occupied HU | 16,247 (70.7%) |
| Renter Occupied HU | 5,470 (23.8%) |
| Vacant Housing Units | 1,252 ( 5.5%) |
| Median Home Value | $385,581 |
| Average Home Value | $433,928 |
Housing Distribution
Address Breakdown
Residential
21,768
Single Family
21,236
Multi-Family
532
Businesses
1,688
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Listed by: Julie Breedlove • Premier Sotheby's International Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4250863