4384 Triumph Dr SWConcordNC28027
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
Investment property for sale in Concord at 4384 Triumph Dr SW, Concord, NC, 28027 uses $152,490 cash to close to unlock $1,416/yr annual cash flow and $118/mo monthly cash flow. Total monthly income runs $2,921/mo, and a $2,251/mo payment keeps the spread at $118/mo. Purchase price stands at $460,000, and rental yield measures 7.62% with $2,921/mo rent. Return on cash invested shows 20.84% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 107.69% and total cumulative return in cash records $164,209. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,921/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 2012
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28027, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,521 (100%) |
| Owner Occupied HU | 20,561 (59.6%) |
| Renter Occupied HU | 12,306 (35.6%) |
| Vacant Housing Units | 1,654 ( 4.8%) |
| Median Home Value | $407,377 |
| Average Home Value | $451,720 |
Housing Distribution
Address Breakdown
Residential
32,011
Single Family
28,282
Multi-Family
3,729
Businesses
2,407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Bartlett • Austin-Barnett Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4301917