4310 Colie RdLa GrangeNC28551
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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 La Grange at 4310 Colie Rd, La Grange, NC, 28551 listed at $150,000 pairs $1,068/mo rent with a $734/mo payment to leave $154/mo cash flow. Total monthly income runs $1,068/mo, and annual cash flow reaches $1,848/yr on $49,725 cash to close. Return on cash invested measures 23.63% in year one, and rental yield registers 8.54% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 122.63% and total cumulative return in cash totals $60,978. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,068/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1997
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28551, La Grange, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,818 (100%) |
| Owner Occupied HU | 3,583 (61.6%) |
| Renter Occupied HU | 1,525 (26.2%) |
| Vacant Housing Units | 710 (12.2%) |
| Median Home Value | $182,914 |
| Average Home Value | $233,400 |
Housing Distribution
Address Breakdown
Residential
6,017
Single Family
5,994
Multi-Family
23
Businesses
299
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Listed by: Rodney Geohagan • Rodney Geohagan
Mls Name: Doorify MLS
Mls ID: #10121881