418 Sebring DrBelmontNC28012
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 Belmont at 418 Sebring Dr, Belmont, NC, 28012 earns from $2,608/mo rent with a $6,116/mo payment. Total monthly income totals $2,608/mo. ROI tracks 5.44% on current figures, and rental yield reads 2.5% at a $1,249,500 purchase. Equity gained on principal adds $8,063/yr, and 5% annual appreciation supports $345,214 over five years. Five-year ROI reaches 25.07% and total cumulative return in cash sums $101,484. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,608/mo property income instead of your personal income.
Single Family
Built in 2005
0.49 Acres lot
$N/A/sqft
$350 annually 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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Nearby investment properties with comparable prices
Listed by: Kippen Lester • Allen Tate Lake Wylie
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4172496
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-24 10:55:15 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)