399 Comanche DrAdvanceNC27006
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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 Advance at 399 Comanche Dr, Advance, NC, 27006 priced at $459,900 converts $2,742/mo rent into after a $2,251/mo obligation. Total monthly income equals $2,742/mo. Return on cash invested prints 19.43% in year one, and rental yield reads 7.15% against a $459,900 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,062 by year five. Five-year ROI reaches 100.17% and total cumulative return in cash sums $152,718. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,742/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 1978
5.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27006, Advance, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,346 (100%) |
| Owner Occupied HU | 5,736 (78.1%) |
| Renter Occupied HU | 1,129 (15.4%) |
| Vacant Housing Units | 481 ( 6.5%) |
| Median Home Value | $350,623 |
| Average Home Value | $380,540 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
5,624
Multi-Family
1,298
Businesses
336
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Listed by: Jimmy O'Brien • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1205478