403 Forest DrMaidenNC28650
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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 Maiden at 403 Forest Dr, Maiden, NC, 28650 priced at $247,500 pairs $1,872/mo rent with $364/mo cash flow after a $1,211/mo payment. Total monthly income equals $1,872/mo, and annual cash flow comes to $4,368/yr on $82,046 invested. Return on cash invested is 25.23% in year one, and rental yield stands at 9.08% on a $247,500 basis. Equity gained on principal adds $1,597/yr, and 5% annual appreciation accumulates to $68,380 by year five. Five-year ROI measures 131.26% and total cumulative return in cash reaches $107,693. For financing, Ziffy Mortgage’s DSCR program evaluates $1,872/mo property income against a $1,211/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28650, Maiden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,033 (100%) |
| Owner Occupied HU | 4,331 (71.8%) |
| Renter Occupied HU | 1,158 (19.2%) |
| Vacant Housing Units | 544 ( 9.0%) |
| Median Home Value | $285,884 |
| Average Home Value | $312,459 |
Housing Distribution
Address Breakdown
Residential
5,592
Single Family
5,572
Multi-Family
20
Businesses
267
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Listed by: Andi Jack • RE/MAX A-Team
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4317699