4861 Legacy DrColfaxNC27235
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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 Colfax at 4861 Legacy Dr, Colfax, NC, 27235 earns $92/mo cash flow from $3,072/mo rent with a $2,393/mo payment. Total monthly income totals $3,072/mo, and annual cash flow totals $1,106/yr on $162,104 capital. ROI tracks 20.59% on current figures, and rental yield reads 7.54% at a $489,000 purchase. Equity gained on principal adds $3,155/yr, and 5% annual appreciation supports $135,102 over five years. Five-year ROI reaches 106.4% and total cumulative return in cash sums $172,474. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,072/mo property income instead of your personal income.
Single Family
Built in 2007
0.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27235, Colfax, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,655 (100%) |
| Owner Occupied HU | 1,558 (58.7%) |
| Renter Occupied HU | 861 (32.4%) |
| Vacant Housing Units | 236 ( 8.9%) |
| Median Home Value | $372,727 |
| Average Home Value | $417,988 |
Housing Distribution
Address Breakdown
Residential
2,556
Single Family
2,157
Multi-Family
399
Businesses
208
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Listed by: Spencer Harrell • Real Broker LLC
Mls Name: Triad MLS
Mls ID: #1205203