513 Aspen Grove DrFuquay VarinaNC27526
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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 Fuquay Varina at 513 Aspen Grove Dr, Fuquay Varina, NC, 27526 at $375,000 posts ROI 21.98% with $215/mo cash flow from $2,500/mo rent. Total monthly income equals $2,500/mo, and annual cash flow records $2,580/yr on $124,313 to close. Return on cash invested measures 21.98% and rental yield reads 8% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 113.84% and total cumulative return in cash totals $141,519.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,500/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
8,712 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 |
Housing Distribution
Address Breakdown
Residential
27,375
Single Family
27,088
Multi-Family
287
Businesses
1,165
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Listed by: Chad Jemison • Keller Williams Legacy
Mls Name: Doorify MLS
Mls ID: #10124904