501 E Spring St, Fuquay Varina, NC, 27526 | 5.58% Rental Yield

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Fuquay Varina at 501 E Spring St, Fuquay Varina, NC, 27526 priced at $375,000 pairs $1,745/mo rent with after a $1,835/mo payment. Total monthly income equals $1,745/mo. Return on cash invested is 14.7% in year one, and rental yield stands at 5.58% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 74.75% and total cumulative return in cash reaches $92,919. For financing, Ziffy Mortgage’s DSCR program evaluates $1,745/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1946

10,454 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 27526, Fuquay Varina, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	29,398 (100%)
Owner Occupied HU	22,007 (74.9%)
Renter Occupied HU	5,725 (19.5%)
Vacant Housing Units	1,666 ( 5.7%)
Median Home Value	$454,486
Average Home Value	$535,857