405 S Bond StRowlandNC28383
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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
Investment Highlights
Investment property for sale in Rowland at 405 S Bond St, Rowland, NC, 28383 at $625,000 posts ROI 11.67% with from $2,371/mo rent. Total monthly income equals $2,371/mo. Return on cash invested measures 11.67% and rental yield reads 4.55% at the current $625,000. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 by year five. Five-year ROI prints 58.49% and total cumulative return in cash totals $120,265. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,371/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28383, Rowland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,945 (100%) |
| Owner Occupied HU | 2,060 (69.9%) |
| Renter Occupied HU | 589 (20.0%) |
| Vacant Housing Units | 296 (10.1%) |
| Median Home Value | $89,344 |
| Average Home Value | $137,808 |
Housing Distribution
Address Breakdown
Residential
2,696
Single Family
2,696
Multi-Family
0
Businesses
119
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Listed by: HELENA SINCLAIR • BHHS ALL AMERICAN HOMES #2
Mls Name: LPRMLS
Mls ID: #756224