408 Oak Pine DrApexNC27502
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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 Apex at 408 Oak Pine Dr, Apex, NC, 27502 with 5% annual appreciation on a $417,300 basis while $2,377/mo rent supports operations. 27% in year one. Equity gained on principal adds $2,693/yr, and five-year appreciation sums $115,292 alongside rental yield of 6.84%. Five-year ROI measures 93.98% and total cumulative return in cash totals $130,007. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,377/mo property income versus a $2,042/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27502, Apex, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,077 (100%) |
| Owner Occupied HU | 14,333 (75.1%) |
| Renter Occupied HU | 3,940 (20.7%) |
| Vacant Housing Units | 804 ( 4.2%) |
| Median Home Value | $588,560 |
| Average Home Value | $614,278 |
Housing Distribution
Address Breakdown
Residential
18,556
Single Family
17,585
Multi-Family
971
Businesses
1,422
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A