449 Hampton Ridge RoadFleetwoodNC28626
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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
Rental property for sale in Fleetwood at 449 Hampton Ridge Road, Fleetwood, NC, 28626 generates $4,986/mo in rent and, after a $3,862/mo payment, leaves $177/mo in cash flow. Total monthly income is $4,986/mo, and annual cash flow is $2,126/yr on $259,581 invested. Return on cash invested sits at 20.88% in year one, and rental yield is 7.58% on a $789,000 entry. Equity gained on principal adds $5,091/yr, while 5% annual appreciation builds toward $217,986 over five years. Five-year ROI reaches 107.9% and total cumulative return in cash sums $280,090. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,986/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
1.04 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
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Listed by: Margo Lenmark • Howard Hanna Allen Tate Realtors Boone
Mls Name: High Country AOR
Mls ID: #259248