38 Emerald LnBroadwayNC27505
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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 Broadway at 38 Emerald Ln, Broadway, NC, 27505 earns $380/mo cash flow from $2,147/mo rent with a $1,419/mo payment. Total monthly income totals $2,147/mo, and annual cash flow totals $4,561/yr on $96,102 capital. ROI tracks 24.66% on current figures, and rental yield reads 8.89% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 128.21% and total cumulative return in cash sums $123,213. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,147/mo property income instead of your personal income.
Manufactured
Built in 2025
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27505, Broadway, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,101 (100%) |
| Owner Occupied HU | 2,188 (70.6%) |
| Renter Occupied HU | 686 (22.1%) |
| Vacant Housing Units | 227 ( 7.3%) |
| Median Home Value | $275,114 |
| Average Home Value | $275,680 |
Housing Distribution
Address Breakdown
Residential
2,804
Single Family
2,804
Multi-Family
0
Businesses
95
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Listed by: Ann Milton • Ann Milton Realty
Mls Name: Doorify MLS
Mls ID: #10126719