4121 Spool LnBelmontNC28012
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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 Belmont at 4121 Spool Ln, Belmont, NC, 28012 listed at $484,500 pairs $2,682/mo rent with a $2,371/mo payment. Total monthly income runs $2,682/mo. Return on cash invested measures 17.89% in year one, and rental yield registers 6.64% at a $484,500 basis. Equity gained on principal adds $3,126/yr, and annual property appreciation at 5% supports $133,858 by year five. Five-year ROI tracks 91.89% and total cumulative return in cash totals $147,589. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,682/mo property income relative to a $2,371/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2016
0.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28012, Belmont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,877 (100%) |
| Owner Occupied HU | 8,907 (64.2%) |
| Renter Occupied HU | 3,733 (26.9%) |
| Vacant Housing Units | 1,237 ( 8.9%) |
| Median Home Value | $408,467 |
| Average Home Value | $469,719 |
Housing Distribution
Address Breakdown
Residential
12,873
Single Family
11,456
Multi-Family
1,417
Businesses
877
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Listed by: Rebecca Stewart • EXP Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4330039