50 Farington CirFletcherNC28732
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 Fletcher at 50 Farington Cir, Fletcher, NC, 28732 at $349,257 posts ROI 21.65% with $168/mo cash flow from $2,296/mo rent. Total monthly income equals $2,296/mo, and annual cash flow records $2,015/yr on $115,779 to close. Return on cash invested measures 21.65% and rental yield reads 7.89% at the current $349,257. Equity gained on principal adds $2,254/yr, and 5% annual appreciation supports $96,493 by year five. Five-year ROI prints 112.05% and total cumulative return in cash totals $129,729.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,296/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28732, Fletcher, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,724 (100%) |
| Owner Occupied HU | 6,356 (72.9%) |
| Renter Occupied HU | 1,760 (20.2%) |
| Vacant Housing Units | 608 ( 7.0%) |
| Median Home Value | $396,542 |
| Average Home Value | $531,826 |
Housing Distribution
Address Breakdown
Residential
8,256
Single Family
8,255
Multi-Family
1
Businesses
633
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Nearby investment properties with comparable prices
Listed by: Carrie Rich • Nexus Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4340211