412 Heritage Village LnApexNC27502
Nearby investment properties with comparable rents
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 Apex at 412 Heritage Village Ln, Apex, NC, 27502 uses $120,169 cash to close to unlock $1,173/yr annual cash flow and $98/mo monthly cash flow. Total monthly income runs $2,344/mo, and a $1,774/mo payment keeps the spread at $98/mo. Purchase price stands at $362,500, and rental yield measures 7.76% with $2,344/mo rent. Return on cash invested shows 20.89% in year one, and 5% annual appreciation builds toward $100,152 over five years. Five-year ROI reaches 108.09% and total cumulative return in cash records $129,890. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,344/mo property income covering a $1,774/mo payment rather than investor’s personal income.
Townhouse
Built in 2002
1,742 sqft lot
$N/A/sqft
$360 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Proctor • Triangle Home Team Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10101019
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.