508 Zermatt CtMonroeNC28112
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 Monroe at 508 Zermatt Ct, Monroe, NC, 28112 with 5% annual appreciation on a $430,440 basis while $2,772/mo rent supports operations. Total monthly income totals $2,772/mo and a $2,107/mo payment preserves $148/mo for cash returns. Annual cash flow comes to $1,782/yr on $142,691 deployed, and return on cash invested reaches 21.16% in year one. Equity gained on principal adds $2,778/yr, and five-year appreciation sums $118,923 alongside rental yield of 7.73%. Five-year ROI measures 109.42% and total cumulative return in cash totals $156,129.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,772/mo property income versus a $2,107/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28112, Monroe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,383 (100%) |
| Owner Occupied HU | 8,046 (70.7%) |
| Renter Occupied HU | 2,743 (24.1%) |
| Vacant Housing Units | 594 ( 5.2%) |
| Median Home Value | $359,879 |
| Average Home Value | $454,375 |
Housing Distribution
Address Breakdown
Residential
10,771
Single Family
10,763
Multi-Family
8
Businesses
626
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Theresa & Tricia - Online Concierge Team • D.R. Horton - Charlotte South
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A