489 Parklane DrGibsonvilleNC27249
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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 Gibsonville at 489 Parklane Dr, Gibsonville, NC, 27249 priced at $609,535 converts $3,210/mo rent into after a $2,983/mo obligation. Total monthly income equals $3,210/mo. Return on cash invested prints 17.04% in year one, and rental yield reads 6.32% against a $609,535 entry. Equity gained on principal adds $3,933/yr, while 5% annual appreciation compiles into $168,403 by year five. Five-year ROI reaches 87.31% and total cumulative return in cash sums $175,097. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,210/mo property income covering a $2,983/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27249, Gibsonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,169 (100%) |
| Owner Occupied HU | 4,659 (75.5%) |
| Renter Occupied HU | 1,163 (18.9%) |
| Vacant Housing Units | 347 ( 5.6%) |
| Median Home Value | $301,072 |
| Average Home Value | $313,310 |
Housing Distribution
Address Breakdown
Residential
5,931
Single Family
5,931
Multi-Family
0
Businesses
239
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Listed by: Danielle Napoli • DRB Group North Carolina LLC
Mls Name: Triad MLS
Mls ID: #1207466