435 High Knolls RoadFleetwoodNC28626
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 Fleetwood at 435 High Knolls Road, Fleetwood, NC, 28626 offers $2,640/mo rent that, after a $2,569/mo payment. Total monthly income is $2,640/mo. Return on cash invested measures 16.18% in year one, and rental yield stands at 6.04% at a $524,900 entry. Equity gained on principal adds $3,387/yr while 5% annual appreciation compounds into $145,020 by year five. Five-year ROI records 82.68% and total cumulative return in cash reaches $142,789. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,640/mo property income versus a $2,569/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
4.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28626, Fleetwood, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,736 (100%) |
| Owner Occupied HU | 940 (54.1%) |
| Renter Occupied HU | 195 (11.2%) |
| Vacant Housing Units | 601 (34.6%) |
| Median Home Value | $328,333 |
| Average Home Value | $366,633 |
Housing Distribution
Address Breakdown
Residential
1,369
Single Family
1,369
Multi-Family
0
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Vincent • Berkshire Hathaway HomeServices Vincent Properties
Mls Name: High Country AOR
Mls ID: #257235