346 Chartres StFuquay VarinaNC27526
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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 Fuquay Varina at 346 Chartres St, Fuquay Varina, NC, 27526 generates $2,160/mo in rent and, after a $1,125/mo payment, leaves $759/mo in cash flow. Total monthly income is $2,160/mo, and annual cash flow is $9,112/yr on $76,162 invested. Return on cash invested sits at 31.87% in year one, and rental yield is 11.28% on a $229,750 entry. Equity gained on principal adds $1,483/yr, while 5% annual appreciation builds toward $63,476 over five years. Five-year ROI reaches 166.93% and total cumulative return in cash sums $127,140. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.55 Acres 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: Veneta Ford • VFG Realty
Mls Name: Doorify MLS
Mls ID: #10123076