39006 Drum Rd LOT 216AvonNC27915
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 39006 Drum Rd LOT 216, Avon, NC, 27915 in Avon. Rental yield 6.7%. The 1.24 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $165,493 and $5,517/yr in principal reduction project total return of $207,148.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 6.2% |
| Monthly Cash Flow | $(307) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,343 |
| Total Monthly Debt Service | $3,412 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1976
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27915, Avon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,725 (100%) |
| Owner Occupied HU | 374 (21.7%) |
| Renter Occupied HU | 66 ( 3.8%) |
| Vacant Housing Units | 1,285 (74.5%) |
| Median Home Value | $425,532 |
| Average Home Value | $498,663 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1976
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27915, Avon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,725 (100%) |
| Owner Occupied HU | 374 (21.7%) |
| Renter Occupied HU | 66 ( 3.8%) |
| Vacant Housing Units | 1,285 (74.5%) |
| Median Home Value | $425,532 |
| Average Home Value | $498,663 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vicki L Langhel • Colony Realty Corp - Frisco
Mls Name: OBAR
Mls Provider:
Mls ID: #119100
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.