50050 Bay Side Ct LOT 30FriscoNC27936
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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 Frisco at 50050 Bay Side Ct LOT 30, Frisco, NC, 27936 offers a 4.98% rental yield on a $699,000 purchase with $2,899/mo rent. 96% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 65.42% and total cumulative return in cash at $150,458. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,899/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27936, Frisco, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 70 (100%) |
| Owner Occupied HU | 20 (28.6%) |
| Renter Occupied HU | 4 ( 5.7%) |
| Vacant Housing Units | 46 (65.7%) |
| Median Home Value | $557,692 |
| Average Home Value | $548,750 |
Housing Distribution
Address Breakdown
Residential
622
Single Family
1
Multi-Family
0
Businesses
59
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Listed by: Jo Ann B Konstanzer • Four Seasons Realty
Mls Name: OBAR
Mls Provider:
Mls ID: #129384
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.