4139 Balboa AveLelandNC28451
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
Rental property for sale in Leland at 4139 Balboa Ave, Leland, NC, 28451 priced at $405,540 converts $2,514/mo rent into $42/mo cash flow after a $1,985/mo obligation. Total monthly income equals $2,514/mo, and annual cash flow totals $508/yr on $134,437 invested. Return on cash invested prints 20.29% in year one, and rental yield reads 7.44% against a $405,540 entry. Equity gained on principal adds $2,617/yr, while 5% annual appreciation compiles into $112,043 by year five. Five-year ROI reaches 104.76% and total cumulative return in cash sums $140,835. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,514/mo property income covering a $1,985/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28451, Leland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,676 (100%) |
| Owner Occupied HU | 15,987 (67.5%) |
| Renter Occupied HU | 5,229 (22.1%) |
| Vacant Housing Units | 2,460 (10.4%) |
| Median Home Value | $376,128 |
| Average Home Value | $424,214 |
Housing Distribution
Address Breakdown
Residential
22,396
Single Family
21,355
Multi-Family
1,041
Businesses
874
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Listed by: N/A • Stanley Martin Homes
Mls Name: Stanley Martin Homes
Mls Provider:
Mls ID: #N/A