418 Serenity CirCramertonNC28032
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 Cramerton at 418 Serenity Cir, Cramerton, NC, 28032 priced at $335,000 converts $2,606/mo rent into $564/mo cash flow after a $1,640/mo obligation. Total monthly income equals $2,606/mo, and annual cash flow totals $6,768/yr on $111,053 invested. Return on cash invested prints 26% in year one, and rental yield reads 9.33% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 135.38% and total cumulative return in cash sums $150,344. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,606/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28032, Cramerton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,687 (100%) |
| Owner Occupied HU | 1,102 (65.3%) |
| Renter Occupied HU | 462 (27.4%) |
| Vacant Housing Units | 123 ( 7.3%) |
| Median Home Value | $360,308 |
| Average Home Value | $425,286 |
Housing Distribution
Address Breakdown
Residential
1,612
Single Family
1,572
Multi-Family
40
Businesses
127
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Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A