437 Bingham And Parks RdAdvanceNC27006
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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 Advance at 437 Bingham And Parks Rd, Advance, NC, 27006 with 5% annual appreciation on a $654,900 basis while $5,400/mo rent supports operations. Total monthly income totals $5,400/mo and a $3,205/mo payment preserves $1,409/mo for cash returns. Annual cash flow comes to $16,909/yr on $215,462 deployed, and return on cash invested reaches 27.91% in year one. Equity gained on principal adds $4,226/yr, and five-year appreciation sums $180,937 alongside rental yield of 9.89%. Five-year ROI measures 145.6% and total cumulative return in cash totals $313,708.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,400/mo property income versus a $3,205/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27006, Advance, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,346 (100%) |
| Owner Occupied HU | 5,736 (78.1%) |
| Renter Occupied HU | 1,129 (15.4%) |
| Vacant Housing Units | 481 ( 6.5%) |
| Median Home Value | $350,623 |
| Average Home Value | $380,540 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
5,624
Multi-Family
1,298
Businesses
336
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Listed by: Kristina, Kyle, Sarah, Tara, Caity, and Leslie Tri • Eastwood Homes
Mls Name: Eastwood Homes
Mls Provider:
Mls ID: #N/A