4732 Courtney DrBaileyNC27807
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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 Bailey at 4732 Courtney Dr, Bailey, NC, 27807 offers $1,562/mo rent that, after a $1,272/mo payment. Total monthly income is $1,562/mo. Return on cash invested measures 19.6% in year one, and rental yield stands at 7.21% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 101.13% and total cumulative return in cash reaches $87,130. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,562/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27807, Bailey, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,944 (100%) |
| Owner Occupied HU | 1,996 (67.8%) |
| Renter Occupied HU | 712 (24.2%) |
| Vacant Housing Units | 236 ( 8.0%) |
| Median Home Value | $226,039 |
| Average Home Value | $252,680 |
Housing Distribution
Address Breakdown
Residential
2,881
Single Family
2,881
Multi-Family
0
Businesses
110
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Listed by: Stephanie Anson • Northside Realty Inc.
Mls Name: Doorify MLS
Mls ID: #10104811