515 Hampstead PlVassNC28394
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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
Rental property for sale in Vass at 515 Hampstead Pl, Vass, NC, 28394 priced at $420,000 converts $3,043/mo rent into $443/mo cash flow after a $2,056/mo obligation. Total monthly income equals $3,043/mo, and annual cash flow totals $5,321/yr on $139,230 invested. Return on cash invested prints 23.73% in year one, and rental yield reads 8.69% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 123.36% and total cumulative return in cash sums $171,751. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,043/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Single Family
Built in 2018
0.28 Acres lot
$N/A/sqft
$475 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28394, Vass, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,826 (100%) |
| Owner Occupied HU | 1,900 (67.2%) |
| Renter Occupied HU | 616 (21.8%) |
| Vacant Housing Units | 310 (11.0%) |
| Median Home Value | $346,532 |
| Average Home Value | $432,871 |
Housing Distribution
Address Breakdown
Residential
2,565
Single Family
2,565
Multi-Family
0
Businesses
155
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Listed by: CHLOE THALER • COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #742468
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