5117 Park Place DrDallasNC28034
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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 Dallas at 5117 Park Place Dr, Dallas, NC, 28034 earns $583/mo cash flow from $2,156/mo rent with a $1,263/mo payment. Total monthly income totals $2,156/mo, and annual cash flow totals $7,001/yr on $85,527 capital. ROI tracks 28.09% on current figures, and rental yield reads 10.03% at a $258,000 purchase. Equity gained on principal adds $1,665/yr, and 5% annual appreciation supports $71,281 over five years. Five-year ROI reaches 146.64% and total cumulative return in cash sums $125,414. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,156/mo property income instead of your personal income.
Single Family
Built in 2003
0.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28034, Dallas, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,751 (100%) |
| Owner Occupied HU | 5,909 (67.5%) |
| Renter Occupied HU | 2,315 (26.5%) |
| Vacant Housing Units | 527 ( 6.0%) |
| Median Home Value | $279,675 |
| Average Home Value | $318,208 |
Housing Distribution
Address Breakdown
Residential
8,074
Single Family
7,784
Multi-Family
290
Businesses
495
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Listed by: Lisa Belk • Mark Spain Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4305846