4183 Broadstairs DrConcordNC28025
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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 Concord at 4183 Broadstairs Dr, Concord, NC, 28025 offers a 8.46% rental yield on a $300,000 purchase with $2,116/mo rent. Total monthly income registers $2,116/mo, and a $1,468/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,456/yr on $99,450 to close, and return on cash invested stands at 23.38% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 121.34% and total cumulative return in cash at $120,672. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,116/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
0.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28025, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,074 (100%) |
| Owner Occupied HU | 15,931 (66.2%) |
| Renter Occupied HU | 6,759 (28.1%) |
| Vacant Housing Units | 1,384 ( 5.7%) |
| Median Home Value | $356,267 |
| Average Home Value | $399,145 |
Housing Distribution
Address Breakdown
Residential
22,882
Single Family
21,679
Multi-Family
1,203
Businesses
1,495
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Listed by: Lloyd Hartman-Trimble • Carolina Homes Connection, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4312507