41159 Lakeside Dr LOT 21AvonNC27915
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 41159 Lakeside Dr LOT 21, Avon, NC, 27915 in Avon speaks for itself: 30.7% gross on a $129,500 price, generating $3,313/mo in rent and $2,524/mo in net income after the $582/mo debt service. DSCR 5.69, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $30,288 stacks alongside $35,778 in projected five-year appreciation and $1,193/yr in principal reduction. Projected total cumulative return: $211,496.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 30.7% | 6.2% |
| Monthly Cash Flow | $2,524 | $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 | $3,313 |
| Total Monthly Debt Service | $738 |
| DSCR Ratio | 4.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Lot
Built in N/A
2,613 sqft 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
No similar price properties found nearby.
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
Lot
Built in N/A
2,613 sqft 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
No similar price properties found nearby.
Listed by: Trisha M Midgett • Midgett Realty - Rodanthe
Mls Name: OBAR
Mls Provider:
Mls ID: #126530
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.